Org.nr 930 815 098 2020 → 2021 Year-over-year analysis

A/S Vivat: årsregnskap 2021 vs 2020

Stronger earnings

registry 2022-07-18; journal 2022 734660

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A/S Vivat. Net result -549.1k NOK → -301.1k NOK. Equity -7.60m NOK → -7.90m NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S Vivat.

At a glance

Revenue

735.0k NOK n/m

—

Operating result

-603.4k NOK -329.6k NOK

+45.4%

Net result

-549.1k NOK -301.1k NOK

+45.2%

Equity

-7.60m NOK -7.90m NOK

-4.0%

Cash

111.3k NOK 90.4k NOK

-18.8%

Total assets

4.58m NOK 4.42m NOK

-3.4%

↑
Operating result improved

Operating result -603.4k NOK → -329.6k NOK. Calculated
↑
Net result improved

Net result -549.1k NOK → -301.1k NOK. Calculated

↓
Equity eroded

Book equity -7.60m NOK → -7.90m NOK (equity ratio -166.0% → -178.6%). Calculated
↓
Cash fell

Bank deposits 111.3k NOK → 90.4k NOK (-18.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is -178.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 2.10m NOK → 1.92m NOK. Reported fact