10MILESNORTH AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, weaker earnings
approved 2022-05-19; registry 2022-05-24; journal 2022 332664
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 10MILESNORTH AS. Revenue 300.00m NOK → 572.6k NOK (-99.8%). Net result -425.0k NOK → -656.2k NOK. Equity -1.64m NOK → -2.29m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 10MILESNORTH AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 300.00m NOK to 572.6k NOK (-99.8% YoY). Calculated
-
↓
Operating result weakened
Operating result -418.1k NOK → -639.0k NOK (op. margin -0.1% → -111.6%). Calculated
-
↓
Net result weakened
Net result -425.0k NOK → -656.2k NOK (net margin -0.1% → -114.6%). Calculated
-
↓
Equity eroded
Book equity -1.64m NOK → -2.29m NOK (equity ratio -48.6% → -33.4%). Calculated
-
↓
Cash fell
Bank deposits 72.3k NOK → 58.3k NOK (-19.3% YoY). Calculated
Things to notice
-
·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact