Org.nr 992 299 940 2020 → 2021 Year-over-year analysis

67NORTH AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-06-26; registry 2022-07-06; journal 2022 595573

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 67NORTH AS. Net result -12.0k NOK → -16.3k NOK. Equity -199.8k NOK → -216.1k 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 67NORTH AS.

Scorecard

Operating result
-12.0k NOK -9 620 NOK
+20.0%
Net result
-12.0k NOK -16.3k NOK
-35.7%
Equity
-199.8k NOK -216.1k NOK
-8.2%
Cash
77 NOK 77 NOK
0.0%
Total assets
76.9k NOK 67.3k NOK
-12.5%

What improved

  • ↑

    Operating result improved

    Operating result -12.0k NOK → -9 620 NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -12.0k NOK → -16.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -199.8k NOK → -216.1k NOK (equity ratio -259.7% → -321.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -321.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation