AE FINANS AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-06-22; registry 2022-06-30; journal 2022 542382
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AE FINANS AS. Net result +17.7k NOK → +706 NOK. Equity 15.97m NOK → 645.2k NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE FINANS AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -33.1k NOK → -26.2k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +17.7k NOK → +706 NOK. Calculated
-
↓
Equity eroded
Book equity 15.97m NOK → 645.2k NOK (equity ratio 100.0% → 4.0%). Calculated
-
↓
Cash fell
Bank deposits 2.79m NOK → 2.76m NOK (-1.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1205.65× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation