11TH MOON AS: årsregnskap 2021 vs 2020
Another loss-making year
approved 2022-06-30; registry 2022-07-30; journal 2022 737132
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 11TH MOON AS. Net result -8 003 NOK → -7 381 NOK. Equity 12.7k NOK → 5 296 NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 11TH MOON AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -8 003 NOK → -7 381 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 12.7k NOK → 5 296 NOK (equity ratio 15.7% → 3.1%). Calculated
-
↓
Cash fell
Bank deposits 20.7k NOK → 11.3k NOK (-45.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 60.0k NOK → 100.0k NOK. Reported fact