A STEEN HOLDING AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
registry 2022-07-27; journal 2022 793086
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A STEEN HOLDING AS. Net result +108.4k NOK → +775.4k NOK. Equity 15.79m NOK → 16.16m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A STEEN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +108.4k NOK → +775.4k NOK. Calculated
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↑
Equity strengthened
Book equity 15.79m NOK → 16.16m NOK (equity ratio 98.2% → 99.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -40.2k NOK → -59.4k NOK. Calculated
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↓
Cash fell
Bank deposits 6.30m NOK → 2.42m NOK (-61.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.30m NOK → 2.42m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation