ACTIVE WATER AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-03-07; registry 2022-07-30; journal 2022 818380
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTIVE WATER AS. Net result -37.8k NOK → -590.9k NOK. Equity 237.8k NOK → -353.1k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACTIVE WATER AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 290 NOK → 674.3k NOK (+232413.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -37.8k NOK → -769.3k NOK. Calculated
-
↓
Net result weakened
Net result -37.8k NOK → -590.9k NOK. Calculated
-
↓
Equity eroded
Book equity 237.8k NOK → -353.1k NOK (equity ratio 100.2% → -6672.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6672.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 2 669 NOK → 630.9k NOK (+23537.9% YoY). Calculated