5 BAR AS: årsregnskap 2021 vs 2020
Another loss-making year
registry 2022-08-18; journal 2022 901254
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 5 BAR AS. Net result -13.7k NOK → -15.3k NOK. Equity -21.1k NOK → -36.4k NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5 BAR AS.
At a glance
Scorecard
Operating result
-13.7k NOK
-12.6k NOK
+8.1%
Net result
-13.7k NOK
-15.3k NOK
-11.3%
Equity
-21.1k NOK
-36.4k NOK
-72.5%
Cash
30 NOK
59 NOK
+96.7%
Total assets
192.0k NOK
162.1k NOK
-15.6%
What improved
-
↑
Operating result improved
Operating result -13.7k NOK → -12.6k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result -13.7k NOK → -15.3k NOK. Calculated
-
↓
Equity eroded
Book equity -21.1k NOK → -36.4k NOK (equity ratio -11.0% → -22.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -22.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation