3D PRINTING AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-06-02; registry 2022-06-14; journal 2022 420451
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3D PRINTING AS. Net result -179.4k NOK → -17.4k NOK. Equity -432.5k NOK → -450.0k 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. All figures are taken from the published annual accounts for 3D PRINTING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -179.4k NOK → -17.4k NOK. Calculated
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↑
Net result improved
Net result -179.4k NOK → -17.4k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity -432.5k NOK → -450.0k NOK (equity ratio -160.5% → -2041.3%). Calculated
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↓
Cash fell
Bank deposits 269.5k NOK → 22.0k NOK (-91.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.74× → 0.31× — 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 -2041.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation