A NEW TYPE OF INVESTMENT AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-06-30; registry 2022-08-13; journal 2022 847653
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A NEW TYPE OF INVESTMENT AS. Revenue 4.62m NOK → 4.76m NOK (+3.0%). Net result +11.46m NOK → +6.58m NOK. Equity 540.7k NOK → 43.2k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A NEW TYPE OF INVESTMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.62m NOK to 4.76m NOK (+3.0% YoY). Calculated
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↑
Cash rose
Bank deposits 459.8k NOK → 786.9k NOK (+71.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.86× → 15.33×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -26.4k NOK → -37.2k NOK (op. margin -0.6% → -0.8%). Calculated
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↓
Net result weakened
Net result +11.46m NOK → +6.58m NOK (net margin 248.0% → 138.1%). Calculated
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↓
Equity eroded
Book equity 540.7k NOK → 43.2k NOK (equity ratio 3.5% → 0.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.15m NOK → 2.25m NOK (46% → 47% of revenue). Calculated
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COGS moved
COGS / varekostnad 44.33m NOK → 47.04m NOK (+6.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 367.8k NOK → 401.1k NOK. Reported fact