AID INVEST AS: årsregnskap 2021 vs 2020
Grew 8% on revenue, weaker earnings, cash halved-plus
approved 2022-05-23; registry 2022-07-26; journal 2022 716976
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AID INVEST AS. Revenue 509.0k NOK → 548.7k NOK (+7.8%). Net result +56.06m NOK → +3.96m NOK. Equity 15.11bn NOK → 15 NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AID INVEST AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 509.0k NOK to 548.7k NOK (+7.8% YoY). Calculated
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Operating result improved
Operating result -520.1k NOK → -184.5k NOK (op. margin -102.2% → -33.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +56.06m NOK → +3.96m NOK (net margin 11013.0% → 722.5%). Calculated
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↓
Equity eroded
Book equity 15.11bn NOK → 15 NOK (equity ratio 10036.4% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 47.74m NOK → 13.80m NOK (-71.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (47.74m NOK → 13.80m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 93.05m NOK → 110.79m NOK. Reported fact