Org.nr 982 737 052 2020 → 2021 Year-over-year analysis

40 RUE NOTRE DAME DES VICTOIRES AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-05-02; registry 2022-06-01; journal 2022 309235

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 40 RUE NOTRE DAME DES VICTOIRES AS. Net result +315.60m NOK → +6.59m NOK. Equity 3.47m NOK → 259.0k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 40 RUE NOTRE DAME DES VICTOIRES AS.

Scorecard

Operating result
-18.0k NOK -8 000 NOK
+55.6%
Net result
+315.60m NOK +6.59m NOK
-97.9%
Equity
3.47m NOK 259.0k NOK
-92.5%
Cash
2.86m NOK 10.06m NOK
+251.3%
Total assets
3.48m NOK 10.06m NOK
+189.1%

What improved

  • ↑

    Operating result improved

    Operating result -18.0k NOK → -8 000 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 2.86m NOK → 10.06m NOK (+251.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +315.60m NOK → +6.59m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.47m NOK → 259.0k NOK (equity ratio 99.7% → 2.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 616.0k NOK → 616 NOK. Reported fact