35MPA AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-07-15; registry 2022-08-02; journal 2022 868496
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 35MPA AS. Net result -2 275 NOK → -24.7k NOK. Equity 751.9k NOK → 24.7k NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for 35MPA AS.
At a glance
Scorecard
What deteriorated
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↓
Net result weakened
Net result -2 275 NOK → -24.7k NOK. Calculated
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↓
Equity eroded
Book equity 751.9k NOK → 24.7k NOK (equity ratio 59.1% → 2.0%). Calculated
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↓
Cash fell
Bank deposits 51.9k NOK → 24.7k NOK (-52.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 751.9k NOK → 24.7k NOK — check capital reduction, conversion, or reclassification. Interpretation