5M HOLDING AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-06-30; registry 2022-08-13; journal 2022 853916
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 5M HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +66.3k NOK → +370.2k NOK. Equity 8.37m NOK → 7.74m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 5M HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +66.3k NOK → +370.2k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -14.4k NOK → -22.8k NOK. Calculated
-
↓
Equity eroded
Book equity 8.37m NOK → 7.74m NOK (equity ratio 100.0% → 82.3%). Calculated
-
↓
Cash fell
Bank deposits 2.14m NOK → 579.3k NOK (-73.0% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.14m NOK → 579.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 200.0k NOK → 1 983 NOK. Reported fact