3 NORSKE DESIGN GROUP AS: årsregnskap 2021 vs 2020
Weaker earnings
registry 2022-08-02; journal 2022 846927
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3 NORSKE DESIGN GROUP AS. Net result -2 791 NOK → -22.7k NOK. Equity -104.9k NOK → -127.6k NOK.
On the constructive side: cash 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 3 NORSKE DESIGN GROUP AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 501 NOK → 1 938 NOK (+286.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -3 463 NOK → -22.7k NOK. Calculated
-
↓
Net result weakened
Net result -2 791 NOK → -22.7k NOK. Calculated
-
↓
Equity eroded
Book equity -104.9k NOK → -127.6k NOK (equity ratio -721.5% → -3191.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3191.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation