1C EIENDOM AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-03-09; registry 2022-03-12; journal 2022 142211
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1C EIENDOM AS. Revenue 0 NOK → 80.3k NOK. Net result -138.5k NOK → -225.9k NOK. Equity -117.1k NOK → -343.0k NOK.
On the constructive side: revenue rose. 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 1C EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 80.3k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -138.5k NOK → -225.9k NOK. Calculated
-
↓
Net result weakened
Net result -138.5k NOK → -225.9k NOK. Calculated
-
↓
Equity eroded
Book equity -117.1k NOK → -343.0k NOK (equity ratio -39.6% → -126.0%). Calculated
-
↓
Cash fell
Bank deposits 33.8k NOK → 10.4k NOK (-69.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 83.61× → 0.11× — 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 -126.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation