FirmaIQ
Org.nr 921 190 824 2020 → 2021 Year-over-year analysis

MILLIONS OF BILLIONS HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

registry 2022-07-16; journal 2022 657398

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for MILLIONS OF BILLIONS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +50.85m NOK → +2.77m NOK. Equity 50.86m NOK → 53.63m 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 MILLIONS OF BILLIONS HOLDING AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-22.6k NOK -106.0k NOK
-369.9%
Net result
+50.85m NOK +2.77m NOK
-94.5%
Equity
50.86m NOK 53.63m NOK
+5.5%
Cash
23.24m NOK 4.27m NOK
-81.6%
Total assets
50.87m NOK 53.72m NOK
+5.6%

What improved

  • ↑

    Equity strengthened

    Book equity 50.86m NOK → 53.63m NOK (equity ratio 100.0% → 99.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -22.6k NOK → -106.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result +50.85m NOK → +2.77m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 23.24m NOK → 4.27m NOK (-81.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (23.24m NOK → 4.27m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 16.4k NOK → 5.78m NOK. Reported fact