5D VEKST AS: årsregnskap 2021 vs 2020
Shrank 87% on revenue, slipped into loss, cash halved-plus
approved 2021-12-31; registry 2022-08-01; journal 2022 834713
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 5D VEKST AS. Revenue 228.8k NOK → 30.7k NOK (-86.6%). Net result +273.1k NOK → -159.6k NOK. Equity 13.25m NOK → 10 NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 5D VEKST AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 228.8k NOK to 30.7k NOK (-86.6% YoY). Calculated
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Operating result weakened
Operating result +67.1k NOK → -82.2k NOK (op. margin 29.3% → -267.5%). Calculated
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Fell into a net loss
Net result flipped from 273.1k NOK profit to a loss of 159.6k NOK. Calculated
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Equity eroded
Book equity 13.25m NOK → 10 NOK (equity ratio 1857.7% → 0.0%). Calculated
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Cash fell
Bank deposits 81.4k NOK → 7 008 NOK (-91.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 105.0k NOK → 5 000 NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact