A-FMCG AS: årsregnskap 2021 vs 2020
Shrank 156% on revenue, weaker earnings, cash halved-plus
approved 2022-06-21; registry 2022-08-18; journal 2022 900342
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-FMCG AS. Revenue 195.2k NOK → -108.9k NOK (-155.8%). Net result -55.1k NOK → -253.1k NOK. Equity 130.3k NOK → -122.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-FMCG AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 195.2k NOK to -108.9k NOK (-155.8% YoY). Calculated
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Operating result weakened
Operating result -55.0k NOK → -253.1k NOK (op. margin -28.2% → 232.5%). Calculated
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Net result weakened
Net result -55.1k NOK → -253.1k NOK (net margin -28.2% → 232.5%). Calculated
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Equity eroded
Book equity 130.3k NOK → -122.8k NOK (equity ratio 36.4% → -114.8%). Calculated
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Cash fell
Bank deposits 107.3k NOK → 30.2k NOK (-71.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -114.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation