ATEA ASA: årsregnskap 2021 vs 2020
Grew 18% on revenue, weaker earnings, cash halved-plus
approved 2022-03-17; registry 2022-04-07; journal 2022 177525
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ATEA ASA. Revenue 56.00m NOK → 66.00m NOK (+17.9%). Net result +590.0k NOK → +436.0k NOK. Equity 1.97bn NOK → 1.97bn NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ATEA ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 56.00m NOK to 66.00m NOK (+17.9% YoY). Calculated
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Owners injected capital
Paid-in equity rose 503.0k NOK → 658.0k NOK (+155.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -23.00m NOK → -41.00m NOK (op. margin -41.1% → -62.1%). Calculated
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↓
Net result weakened
Net result +590.0k NOK → +436.0k NOK (net margin 1.1% → 0.7%). Calculated
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↓
Equity eroded
Book equity 1.97bn NOK → 1.97bn NOK (equity ratio 28.5% → 30.2%). Calculated
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↓
Cash fell
Bank deposits 1.61bn NOK → 460.00m NOK (-71.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.61bn NOK → 460.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 4.57bn NOK → 4.61bn NOK. Reported fact