A I RENHOLD & BYGG AS: årsregnskap 2021 vs 2020
Shrank 7% on revenue, weaker earnings, cash halved-plus
approved 2022-06-20; registry 2022-06-22; journal 2022 493488
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A I RENHOLD & BYGG AS. Revenue 1 293 NOK → 1 203 NOK (-7.0%). Net result -37.0k NOK → -159.9k NOK. Equity 11.4k NOK → -148.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A I RENHOLD & BYGG AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1 293 NOK to 1 203 NOK (-7.0% YoY). Calculated
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Operating result weakened
Operating result -35.9k NOK → -156.7k NOK (op. margin -2777.9% → -13022.9%). Calculated
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Net result weakened
Net result -37.0k NOK → -159.9k NOK (net margin -2861.2% → -13293.9%). Calculated
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↓
Equity eroded
Book equity 11.4k NOK → -148.5k NOK (equity ratio 5.9% → -117.5%). Calculated
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Cash fell
Bank deposits 52.7k NOK → 7 926 NOK (-84.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -117.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 94.4k NOK → 81.8k NOK (-13.3% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 7 → 6. Reported fact