ABFW INVEST AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-06-30; registry 2022-07-23; journal 2022 767628
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABFW INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +606.6k NOK → +113.4k NOK. Equity 9.45m NOK → 10.56m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABFW INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -10.0k NOK → -8 750 NOK. Calculated
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↑
Equity strengthened
Book equity 9.45m NOK → 10.56m NOK (equity ratio 99.9% → 174.1%). Calculated
What deteriorated
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↓
Net result weakened
Net result +606.6k NOK → +113.4k NOK. Calculated
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↓
Cash fell
Bank deposits 5.58m NOK → 2.20m NOK (-60.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 876.82× → -1.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.58m NOK → 2.20m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation