ABSHERON AS: årsregnskap 2021 vs 2020
Slipped into loss, cash halved-plus
approved 2022-01-17; registry 2022-02-21; journal 2022 119161
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABSHERON AS. Revenue 0 NOK → 120.0k NOK. Net result +338.7k NOK → -13.1k NOK. Equity -219.5k NOK → -232.6k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABSHERON AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 120.0k NOK. Calculated
-
↑
Operating result improved
Operating result -57.7k NOK → +77.5k NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 338.7k NOK profit to a loss of 13.1k NOK. Calculated
-
↓
Equity eroded
Book equity -219.5k NOK → -232.6k NOK (equity ratio -4.8% → -5.2%). Calculated
-
↓
Cash fell
Bank deposits 13.3k NOK → 463 NOK (-96.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 2.16m NOK → 2.29m NOK. Reported fact