88 INVEST AS: årsregnskap 2021 vs 2020
Shrank 26% on revenue, cash halved-plus
approved 2022-02-22; registry 2022-04-21; journal 2022 211726
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 88 INVEST AS. Revenue 1.56m NOK → 1.15m NOK (-25.8%). Net result +844.0k NOK → +712.5k NOK. Equity 10.2k NOK → 314.6k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +239.6k NOK → +915.9k NOK (op. margin 15.4% → 79.3%). Calculated
-
↑
Equity strengthened
Book equity 10.2k NOK → 314.6k NOK (equity ratio 0.3% → 17.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.56m NOK to 1.15m NOK (-25.8% YoY). Calculated
-
↓
Net result weakened
Net result +844.0k NOK → +712.5k NOK (net margin 54.2% → 61.7%). Calculated
-
↓
Cash fell
Bank deposits 2.10m NOK → 958.2k NOK (-54.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 7.85× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated