ACADEMEDIA NORGE AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2021-12-22; registry 2022-02-03; journal 2022 112136
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACADEMEDIA NORGE AS. Net result +1.01m NOK → +124.39m NOK. Equity 2.49bn NOK → 2.61bn NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACADEMEDIA NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -345.8k NOK → -129.8k NOK. Calculated
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↑
Net result improved
Net result +1.01m NOK → +124.39m NOK. Calculated
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↑
Equity strengthened
Book equity 2.49bn NOK → 2.61bn NOK (equity ratio 233.2% → 232.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 8.13m NOK → 783.6k NOK (-90.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.13m NOK → 783.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 777.09m NOK → 244.84m NOK. Reported fact