Org.nr 817 539 602 2020 → 2021 Year-over-year analysis

5 ZENZES AS: årsregnskap 2021 vs 2020

Shrank 24% on revenue, weaker earnings

approved 2022-06-09; registry 2022-07-21; journal 2022 753502

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 5 ZENZES AS. Revenue 283.9k NOK → 215.0k NOK (-24.3%). Net result -26.4k NOK → -212.8k NOK. Equity -411.8k NOK → -624.6k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5 ZENZES AS.

Scorecard

Revenue
283.9k NOK 215.0k NOK
-24.3%
Operating result
-23.0k NOK -190.2k NOK
-726.7%
Net result
-26.4k NOK -212.8k NOK
-705.1%
Equity
-411.8k NOK -624.6k NOK
-51.7%
Cash
-28.3k NOK -28.6k NOK
-1.0%
Total assets
76.3k NOK 27.0k NOK
-64.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 283.9k NOK to 215.0k NOK (-24.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -23.0k NOK → -190.2k NOK (op. margin -8.1% → -88.5%). Calculated

  • ↓

    Net result weakened

    Net result -26.4k NOK → -212.8k NOK (net margin -9.3% → -99.0%). Calculated

  • ↓

    Equity eroded

    Book equity -411.8k NOK → -624.6k NOK (equity ratio -540.0% → -2317.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 33.8k NOK → 105.6k NOK (+212.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2317.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation