ACADEMIC BUSINESS FOCUS AS: årsregnskap 2021 vs 2020
Returned to profit, cash halved-plus
approved 2022-04-04; registry 2022-04-07; journal 2022 193019
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACADEMIC BUSINESS FOCUS AS. Net result -3.32m NOK → +1.94m NOK. Equity 4.50m NOK → 6.39m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Operating result
-26.1k NOK
-10.2k NOK
+61.0%
Net result
-3.32m NOK
+1.94m NOK
+158.4%
Equity
4.50m NOK
6.39m NOK
+41.8%
Cash
287.6k NOK
93.4k NOK
-67.5%
Total assets
10.81m NOK
10.51m NOK
-2.8%
What improved
-
↑
Operating result improved
Operating result -26.1k NOK → -10.2k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 3.32m NOK to a profit of 1.94m NOK. Calculated
-
↑
Equity strengthened
Book equity 4.50m NOK → 6.39m NOK (equity ratio 41.7% → 60.8%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 287.6k NOK → 93.4k NOK (-67.5% YoY). Calculated