A.R. QURESHI & CO. AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-05-24; registry 2022-05-30; journal 2022 358422
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.R. QURESHI & CO. AS. Net result -13.0k NOK → -65.7k NOK. Equity 8 191 NOK → -57.5k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.R. QURESHI & CO. AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 217 NOK → 12.0k NOK (+5445.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -13.0k NOK → -65.7k NOK. Calculated
-
↓
Net result weakened
Net result -13.0k NOK → -65.7k NOK. Calculated
-
↓
Equity eroded
Book equity 8 191 NOK → -57.5k NOK (equity ratio 40.5% → -477.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -477.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation