A UTVIK HOLDING AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, returned to profit, cash halved-plus
approved 2022-04-13; registry 2022-05-05; journal 2022 207809
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A UTVIK HOLDING AS. Revenue 59.5k NOK → 176 NOK (-99.7%). Net result -454.0k NOK → +2 849 NOK. Equity 66.98m NOK → 63.19m NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A UTVIK HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 454.0k NOK to a profit of 2 849 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 59.5k NOK to 176 NOK (-99.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -1 179 NOK → -132.0k NOK (op. margin -2.0% → -75000.0%). Calculated
-
↓
Equity eroded
Book equity 66.98m NOK → 63.19m NOK (equity ratio 13.4% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 62.0k NOK → 8 000 NOK (-87.1% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 27.1k NOK → 126.2k NOK (+364.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5 688 NOK → 7 374 NOK. Reported fact