Org.nr 926 194 763 2020 → 2021 Year-over-year analysis

A RISETH INVEST AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-06-03; registry 2022-06-08; journal 2022 429057

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A RISETH INVEST AS. Net result -4 NOK → -6 881 NOK. Equity 21.9k NOK → 15.0k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A RISETH INVEST AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-4 NOK -6 881 NOK
-171925.0%
Net result
-4 NOK -6 881 NOK
-171925.0%
Equity
21.9k NOK 15.0k NOK
-31.4%
Cash
27.5k NOK 15.0k NOK
-45.5%
Total assets
477.5k NOK 465.0k NOK
-2.6%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.06× → 2.69×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 NOK → -6 881 NOK. Calculated

  • ↓

    Net result weakened

    Net result -4 NOK → -6 881 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 21.9k NOK → 15.0k NOK (equity ratio 4.6% → 3.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 27.5k NOK → 15.0k NOK (-45.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 449 NOK → 450.0k NOK. Reported fact