A COMPANY AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-06-30; registry 2022-08-01; journal 2022 835279
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A COMPANY AS. Revenue 0 NOK → 9 512 NOK. Net result -18.8k NOK → -40.3k NOK. Equity -30.1k NOK → -70.3k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A COMPANY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 9 512 NOK. Calculated
-
↑
Cash rose
Bank deposits 39.1k NOK → 59.0k NOK (+51.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio -8.34× → 11.78×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -18.9k NOK → -40.1k NOK. Calculated
-
↓
Net result weakened
Net result -18.8k NOK → -40.3k NOK. Calculated
-
↓
Equity eroded
Book equity -30.1k NOK → -70.3k NOK (equity ratio 134.8% → -24.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -24.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 15.0k NOK → 190.4k NOK. Reported fact