Org.nr 923 813 071 2020 → 2021 Year-over-year analysis

A. STORM HOLDING AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-06-03; registry 2022-08-01; journal 2022 831867

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. STORM HOLDING AS. Net result -17.3k NOK → +150.9k NOK. Equity 2.45m NOK → 2.30m NOK.

On the constructive side: turned profitable; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. STORM HOLDING AS.

At a glance

Revenue

0 NOK n/m

—

Operating result

-17.3k NOK n/m

—

Net result

-17.3k NOK +150.9k NOK

+969.8%

Equity

2.45m NOK 2.30m NOK

-6.1%

Cash

42.7k NOK 193.5k NOK

+353.5%

Total assets

2.46m NOK 2.61m NOK

+6.1%

↑
Turned profitable

Net result flipped from a loss of 17.3k NOK to a profit of 150.9k NOK. Calculated
↑
Cash rose

Bank deposits 42.7k NOK → 193.5k NOK (+353.5% YoY). Calculated

↓
Equity eroded

Book equity 2.45m NOK → 2.30m NOK (equity ratio 99.8% → 88.3%). Calculated
↓
Current ratio dropped below 1×

Current ratio 441.58× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 920 NOK → 2 416 NOK. Reported fact