1975 HOLDING AS: årsregnskap 2021 vs 2020
Cash halved-plus
approved 2022-05-30; registry 2022-06-23; journal 2022 506185
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1975 HOLDING AS. Net result -11.0k NOK → -9 592 NOK. Equity 6 773 NOK → -2 819 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 1975 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -10.9k NOK → -9 592 NOK. Calculated
-
↑
Net result improved
Net result -11.0k NOK → -9 592 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 6 773 NOK → -2 819 NOK (equity ratio 5.5% → -0.9%). Calculated
-
↓
Cash fell
Bank deposits 372.3k NOK → 1 622 NOK (-99.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.21× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 122.5k NOK → 22.5k NOK. Reported fact