AJO INVEST AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-05-27; registry 2022-07-23; journal 2022 691690
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJO INVEST AS. Net result +4.11bn NOK → +17.38m NOK. Equity 76.87m NOK → 94.25m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AJO INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 76.87m NOK → 94.25m NOK (equity ratio 52.0% → 99.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -135.8k NOK → -174.7k NOK. Calculated
-
↓
Net result weakened
Net result +4.11bn NOK → +17.38m NOK. Calculated
-
↓
Cash fell
Bank deposits 115.05m NOK → 2.27m NOK (-98.0% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 6.14m NOK → 6.17m NOK (+0.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (115.05m NOK → 2.27m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 28.85m NOK → 85.12m NOK. Reported fact