4 SEAS AS: årsregnskap 2022 vs 2021
Another loss-making year
approved 2023-06-27; registry 2023-08-02; journal 2023 636193
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4 SEAS AS. Net result -661.0k NOK → -647.3k NOK. Equity -1.90m NOK → -2.55m NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 SEAS AS.
At a glance
Scorecard
Operating result
-472.9k NOK
-329.0k NOK
+30.4%
Net result
-661.0k NOK
-647.3k NOK
+2.1%
Equity
-1.90m NOK
-2.55m NOK
-34.1%
Cash
172.7k NOK
91.0k NOK
-47.3%
Total assets
7.17m NOK
7.09m NOK
-1.1%
What improved
-
↑
Operating result improved
Operating result -472.9k NOK → -329.0k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -1.90m NOK → -2.55m NOK (equity ratio -26.5% → -35.9%). Calculated
-
↓
Cash fell
Bank deposits 172.7k NOK → 91.0k NOK (-47.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -35.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation