A. EDVARDSEN HOLDING AS: årsregnskap 2021 vs 2020
Another loss-making year
approved 2022-06-28; registry 2022-08-11; journal 2022 839089
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. EDVARDSEN HOLDING AS. Net result -8 290 NOK → -7 684 NOK. Equity 7 991 NOK → 13 NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. EDVARDSEN HOLDING AS.
At a glance
Scorecard
Operating result
-8 297 NOK
-7 684 NOK
+7.4%
Net result
-8 290 NOK
-7 684 NOK
+7.3%
Equity
7 991 NOK
13 NOK
-99.8%
Cash
29.8k NOK
28.6k NOK
-4.0%
Total assets
59.8k NOK
58.6k NOK
-2.0%
What improved
-
↑
Operating result improved
Operating result -8 297 NOK → -7 684 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7 991 NOK → 13 NOK (equity ratio 13.4% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 29.8k NOK → 28.6k NOK (-4.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation