Org.nr 923 987 835 2020 → 2021 Year-over-year analysis

A.BORGE HOLDING AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2021-12-31; registry 2022-06-25; journal 2022 515777

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A.BORGE HOLDING AS. Net result -33.8k NOK → -3 125 NOK. Equity -9 375 NOK → -12.5k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Operating result
-3 805 NOK -3 125 NOK
+17.9%
Net result
-33.8k NOK -3 125 NOK
+90.8%
Equity
-9 375 NOK -12.5k NOK
-33.3%
Cash
719 NOK 719.7k NOK
+100000.0%
Total assets
719 NOK 719.7k NOK
+100000.0%

What improved

  • ↑

    Operating result improved

    Operating result -3 805 NOK → -3 125 NOK. Calculated

  • ↑

    Net result improved

    Net result -33.8k NOK → -3 125 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 719 NOK → 719.7k NOK (+100000.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.07× → 54.45×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -9 375 NOK → -12.5k NOK (equity ratio -1303.9% → -1.7%). Calculated