AB EIENDOM FLORØ AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-05-23; registry 2022-05-28; journal 2022 351590
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AB EIENDOM FLORØ AS. Revenue 140.1k NOK → 140.1k NOK (0.0%). Net result -41.2k NOK → -22.3k NOK. Equity 417.7k NOK → 395.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB EIENDOM FLORØ AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +36.4k NOK → +44.9k NOK (op. margin 25.9% → 32.1%). Calculated
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↑
Net result improved
Net result -41.2k NOK → -22.3k NOK (net margin -29.4% → -15.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 417.7k NOK → 395.4k NOK (equity ratio 9.9% → 9.4%). Calculated
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↓
Cash fell
Bank deposits 25.7k NOK → 6 605 NOK (-74.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation