99X TECH HOLDCO AS: årsregnskap 2021 vs 2020
Cash halved-plus
approved 2022-05-27; registry 2022-06-11; journal 2022 380632
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 99X TECH HOLDCO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -8 201 NOK → -9 206 NOK. Equity 9 107 NOK → -98 NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 99X TECH HOLDCO AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -8 210 NOK → -9 206 NOK. Calculated
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↓
Net result weakened
Net result -8 201 NOK → -9 206 NOK. Calculated
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↓
Equity eroded
Book equity 9 107 NOK → -98 NOK (equity ratio 62.0% → -1.8%). Calculated
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↓
Cash fell
Bank deposits 14.7k NOK → 5 472 NOK (-62.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.64× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation