ARRIBATEC GROUP ASA: årsregnskap 2021 vs 2020
Shrank 80% on revenue, stronger earnings, fresh owner capital
approved 2022-06-29; registry 2022-07-09; journal 2022 603273
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ARRIBATEC GROUP ASA. Revenue 456.0k NOK → 93.0k NOK (-79.6%). Net result -55.62m NOK → -16.20m NOK. Equity 385.97m NOK → 331.15m NOK.
On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ARRIBATEC GROUP ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -55.62m NOK → -16.20m NOK (net margin -12197.4% → -17420.4%). Calculated
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Cash rose
Bank deposits 168.2k NOK → 6.39m NOK (+3698.6% YoY). Calculated
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Owners injected capital
Paid-in equity rose 610.9k NOK → 746.4k NOK (+135.5k NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 456.0k NOK to 93.0k NOK (-79.6% YoY). Calculated
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Operating result weakened
Operating result -8 269 NOK → -36.42m NOK (op. margin -1.8% → -39163.4%). Calculated
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Equity eroded
Book equity 385.97m NOK → 331.15m NOK (equity ratio 75.4% → 79.1%). Calculated
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Current ratio dropped below 1×
Current ratio 1337016.18× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 343.6k NOK → 339.64m NOK. Reported fact