A.HILDONEN BAKERI & KONDITORI AS: årsregnskap 2021 vs 2020
Slipped into loss
approved 2022-03-28; registry 2022-04-07; journal 2022 178643
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.HILDONEN BAKERI & KONDITORI AS. Revenue 7.34m NOK → 7.30m NOK (-0.5%). Net result +99.8k NOK → -126.9k NOK. Equity 136.6k NOK → 9 765 NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.HILDONEN BAKERI & KONDITORI AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.34m NOK to 7.30m NOK (-0.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +138.0k NOK → -144.9k NOK (op. margin 1.9% → -2.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 99.8k NOK profit to a loss of 126.9k NOK. Calculated
-
↓
Equity eroded
Book equity 136.6k NOK → 9 765 NOK (equity ratio 9.0% → 0.8%). Calculated
-
↓
Cash fell
Bank deposits 823.6k NOK → 608.0k NOK (-26.2% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation