ABLECON HOLDING AS: årsregnskap 2021 vs 2020
Another loss-making year
approved 2022-06-28; registry 2022-07-06; journal 2022 580122
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABLECON HOLDING AS. Net result -12.6k NOK → -12.5k NOK. Equity -29.6k NOK → -42.1k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABLECON HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -16.1k NOK → -16.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 344 NOK → 68.3k NOK (+19767.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.01× → 7.24×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -29.6k NOK → -42.1k NOK (equity ratio -58.5% → -78.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -78.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation