A BOARD AS: årsregnskap 2021 vs 2020
Weaker earnings
registry 2022-07-06; journal 2022 578296
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A BOARD AS. Revenue 0 NOK → 142.0k NOK. Net result -51.1k NOK → -296.1k NOK. Equity -21.1k NOK → -317.2k NOK.
On the constructive side: revenue rose; cash rose. 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 A BOARD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 142.0k NOK. Calculated
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↑
Cash rose
Bank deposits 79.8k NOK → 240.0k NOK (+200.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -51.1k NOK → -291.1k NOK. Calculated
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↓
Net result weakened
Net result -51.1k NOK → -296.1k NOK. Calculated
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↓
Equity eroded
Book equity -21.1k NOK → -317.2k NOK (equity ratio -26.4% → -117.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -117.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation