AE GROUP AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-06-21; registry 2022-07-09; journal 2022 659662
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AE GROUP AS. Revenue 10.0k NOK → 10.0k NOK (0.0%). Net result -3 350 NOK → -90.7k NOK. Equity -5 676 NOK → -96.4k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE GROUP AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 574 NOK → 10.2k NOK (+1668.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -2 822 NOK → -89.9k NOK (op. margin -28.2% → -898.7%). Calculated
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↓
Net result weakened
Net result -3 350 NOK → -90.7k NOK (net margin -33.5% → -907.0%). Calculated
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↓
Equity eroded
Book equity -5 676 NOK → -96.4k NOK (equity ratio -988.9% → -29746.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29746.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation