ACANA GROUP AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-29; journal 2023 664916
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACANA GROUP AS. Net result -600 NOK → -709.7k NOK. Equity 23.8k NOK → -344.2k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACANA GROUP AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -600 NOK → -709.7k NOK. Calculated
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↓
Net result weakened
Net result -600 NOK → -709.7k NOK. Calculated
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↓
Equity eroded
Book equity 23.8k NOK → -344.2k NOK (equity ratio 1.5% → -112.6%). Calculated
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↓
Cash fell
Bank deposits 850.3k NOK → 20.8k NOK (-97.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -112.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 723.5k NOK → 15.0k NOK. Reported fact