5 STAR FOODS AS: årsregnskap 2021 vs 2020
Slipped into loss
approved 2022-07-31; registry 2022-08-23; journal 2022 907433
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 5 STAR FOODS AS. Revenue 332.2k NOK → 333.5k NOK (+0.4%). Net result +45.4k NOK → -54.0k NOK. Equity 69.8k NOK → 15.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 5 STAR FOODS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 332.2k NOK to 333.5k NOK (+0.4% YoY). Calculated
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↑
Cash rose
Bank deposits 1 160 NOK → 12.0k NOK (+938.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +56.7k NOK → -42.1k NOK (op. margin 17.1% → -12.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 45.4k NOK profit to a loss of 54.0k NOK. Calculated
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↓
Equity eroded
Book equity 69.8k NOK → 15.8k NOK (equity ratio 18.7% → 2.0%). 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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·
COGS moved
COGS / varekostnad 242.1k NOK → 589.9k NOK (+143.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 2. Reported fact