Org.nr 924 534 796 2020 → 2021 Year-over-year analysis

2 GODE VENNER AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus

approved 2022-07-10; registry 2022-08-13; journal 2022 860162

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 2 GODE VENNER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result 0 NOK → -34.1k NOK. Equity 20.7k NOK → -13.4k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2 GODE VENNER AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
0 NOK -4 092 NOK
—
Net result
0 NOK -34.1k NOK
—
Equity
20.7k NOK -13.4k NOK
-165.1%
Cash
20.7k NOK 6 563 NOK
-68.2%
Total assets
20.7k NOK 6 563 NOK
-68.2%

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -4 092 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 34.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 20.7k NOK → -13.4k NOK (equity ratio 100.0% → -204.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.7k NOK → 6 563 NOK (-68.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -204.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation