Org.nr 924 328 967 2020 → 2021 Year-over-year analysis

NEWCO VENTURES AS: årsregnskap 2021 vs 2020

Cash halved-plus, fresh owner capital

approved 2022-03-17; registry 2022-05-09; journal 2022 267732

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for NEWCO VENTURES AS. Net result -7 194 NOK → -12.1k NOK. Equity 262.2k NOK → 350.1k NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NEWCO VENTURES AS.

Scorecard

Operating result
-9 233 NOK -15.6k NOK
-68.4%
Net result
-7 194 NOK -12.1k NOK
-68.6%
Equity
262.2k NOK 350.1k NOK
+33.5%
Cash
77.4k NOK 7 016 NOK
-90.9%
Total assets
262.2k NOK 353.0k NOK
+34.6%

What improved

  • ↑

    Equity strengthened

    Book equity 262.2k NOK → 350.1k NOK (equity ratio 100.0% → 99.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 269.4k NOK → 369.4k NOK (+100.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -9 233 NOK → -15.6k NOK. Calculated

  • ↓

    Net result weakened

    Net result -7 194 NOK → -12.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 77.4k NOK → 7 016 NOK (-90.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 180 NOK → 5.34m NOK. Reported fact