Org.nr 925 005 630 2021 → 2022 Year-over-year analysis

21ST VENTURE AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2023-06-26; registry 2023-07-06; journal 2023 583082

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 21ST VENTURE AS. Revenue 100.0k NOK → 200 NOK (-99.8%). Net result +89.7k NOK → +3.15m NOK. Equity 3.11m NOK → 257.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 21ST VENTURE AS.

Scorecard

Revenue
100.0k NOK 200 NOK
-99.8%
Operating result
+86.0k NOK +178.0k NOK
+107.0%
Net result
+89.7k NOK +3.15m NOK
+3411.9%
Equity
3.11m NOK 257.1k NOK
-91.7%
Cash
156.7k NOK 4 890 NOK
-96.9%

What improved

  • ↑

    Operating result improved

    Operating result +86.0k NOK → +178.0k NOK (op. margin 86.0% → 88995.0%). Calculated

  • ↑

    Net result improved

    Net result +89.7k NOK → +3.15m NOK (net margin 89.7% → 1574597.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 100.0k NOK to 200 NOK (-99.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.11m NOK → 257.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 156.7k NOK → 4 890 NOK (-96.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.19m NOK → 1.60m NOK. Reported fact