705 SENTERET AS: årsregnskap 2021 vs 2020
Slipped into loss
approved 2022-06-25; registry 2022-07-09; journal 2022 658632
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 705 SENTERET AS. Revenue 529.5k NOK → 552.5k NOK (+4.3%). Net result +3 670 NOK → -103.2k NOK. Equity -378.9k NOK → -482.1k 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 fell. All figures are taken from the published annual accounts for 705 SENTERET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 529.5k NOK to 552.5k NOK (+4.3% YoY). Calculated
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↑
Cash rose
Bank deposits 35.0k NOK → 51.1k NOK (+45.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +122.3k NOK → +103.1k NOK (op. margin 23.1% → 18.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 3 670 NOK profit to a loss of 103.2k NOK. Calculated
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↓
Equity eroded
Book equity -378.9k NOK → -482.1k NOK (equity ratio -15.6% → -21.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -21.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 350.3k NOK → 350 NOK (-99.9% YoY). Calculated