A SØRENSEN AS: årsregnskap 2022 vs 2021
Stronger earnings, cash halved-plus
approved 2023-04-04; registry 2023-05-30; journal 2023 437273
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A SØRENSEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -409.3k NOK → -16.0k NOK. Equity -6 101 NOK → -22.1k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A SØRENSEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -409.3k NOK → -16.0k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -9 270 NOK → -16.0k NOK. Calculated
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↓
Equity eroded
Book equity -6 101 NOK → -22.1k NOK (equity ratio -72.1% → -1794.2%). Calculated
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↓
Cash fell
Bank deposits 8 459 NOK → 1 233 NOK (-85.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1794.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 400.0k NOK → 0 NOK. Reported fact