101 INVEST AS: årsregnskap 2021 vs 2020
Another loss-making year
approved 2022-05-11; registry 2022-07-26; journal 2022 792336
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 101 INVEST AS. Net result -9 607 NOK → -11.3k NOK. Equity -17.9k NOK → -29.2k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 101 INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 539 NOK → 59.5k NOK (+10946.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.32× → 35.36×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -9 607 NOK → -11.3k NOK. Calculated
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↓
Net result weakened
Net result -9 607 NOK → -11.3k NOK. Calculated
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↓
Equity eroded
Book equity -17.9k NOK → -29.2k NOK (equity ratio -58.5% → -97.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -97.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation