BORREGAARD ASA: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-03-14; registry 2022-06-13; journal 2022 390973
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for BORREGAARD ASA. Net result +250.1k NOK → +475.2k NOK. Equity 2.10bn NOK → 2.08bn NOK.
On the constructive side: net result improved; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for BORREGAARD ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +250.1k NOK → +475.2k NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 1.87bn NOK → 1.92bn NOK (+52.32m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -7.62m NOK → -7.98m NOK. Calculated
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↓
Equity eroded
Book equity 2.10bn NOK → 2.08bn NOK (equity ratio 65.2% → 66.8%). Calculated
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↓
Cash fell
Bank deposits 9.28m NOK → 2.23m NOK (-75.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.28m NOK → 2.23m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 2.91bn NOK → 2.51bn NOK. Reported fact