A.FERKINGSTAD INVEST AS: årsregnskap 2021 vs 2020
Shrank 55% on revenue, returned to profit, cash halved-plus
approved 2022-06-30; registry 2022-07-18; journal 2022 733144
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.FERKINGSTAD INVEST AS. Revenue 65.9k NOK → 29.7k NOK (-55.0%). Net result -83.3k NOK → +28.87m NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for A.FERKINGSTAD INVEST AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 83.3k NOK to a profit of 28.87m NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 65.9k NOK to 29.7k NOK (-55.0% YoY). Calculated
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↓
Operating result weakened
Operating result -158.1k NOK → -721.6k NOK (op. margin -239.7% → -2430.5%). Calculated
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↓
Cash fell
Bank deposits 875.97m NOK → 18.18m NOK (-97.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (875.97m NOK → 18.18m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 88.5k NOK → 23.0k NOK (-74.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7.97m NOK → 12.21m NOK. Reported fact