KAHAGA AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-06-23; registry 2022-07-02; journal 2022 564438
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for KAHAGA AS. Net result +48.95m NOK → +1.08m NOK. Equity 35.98m NOK → 20.57m NOK.
On the constructive side: operating result improved. Pressures included: net 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 KAHAGA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -253.4k NOK → -59.6k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +48.95m NOK → +1.08m NOK. Calculated
-
↓
Equity eroded
Book equity 35.98m NOK → 20.57m NOK (equity ratio 99.7% → 77.4%). Calculated
-
↓
Cash fell
Bank deposits 19.38m NOK → 5.87m NOK (-69.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (19.38m NOK → 5.87m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 10.5k NOK → 175.0k NOK. Reported fact