Org.nr 926 061 232 2020 → 2021 Year-over-year analysis

AETERNUM CAPITAL AS: årsregnskap 2021 vs 2020

Shrank 99% on revenue, stronger earnings, cash halved-plus

approved 2022-04-25; registry 2022-06-09; journal 2022 357586

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AETERNUM CAPITAL AS. Revenue 311.9k NOK → 2 376 NOK (-99.2%). Net result +9 NOK → +2.30bn NOK. Equity 0 NOK → 8.51bn NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for AETERNUM CAPITAL AS.

Scorecard

Revenue
311.9k NOK 2 376 NOK
-99.2%
Operating result
+474.7k NOK +2 297 NOK
-99.5%
Net result
+9 NOK +2.30bn NOK
+25528404677.8%
Equity
0 NOK 8.51bn NOK
—
Cash
79.17m NOK 12 NOK
-100.0%
Total assets
0 NOK 8.78bn NOK
—

What improved

  • ↑

    Net result improved

    Net result +9 NOK → +2.30bn NOK (net margin 0.0% → 96698502.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 8.51bn NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 311.9k NOK to 2 376 NOK (-99.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +474.7k NOK → +2 297 NOK (op. margin 152.2% → 96.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 79.17m NOK → 12 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (79.17m NOK → 12 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 106.5k NOK → 6 215 NOK — check capital reduction, conversion, or reclassification. Interpretation