Org.nr 913 040 651 2020 → 2021 Year-over-year analysis

AE RØRSERVICE AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-08-23; registry 2022-08-25; journal 2022 910200

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AE RØRSERVICE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -195.1k NOK → -36.7k NOK. Equity -669.5k NOK → -706.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE RØRSERVICE AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-52.8k NOK -36.7k NOK
+30.6%
Net result
-195.1k NOK -36.7k NOK
+81.2%
Equity
-669.5k NOK -706.1k NOK
-5.5%
Cash
5 NOK 5 NOK
0.0%
Total assets
163.5k NOK 102.9k NOK
-37.1%

What improved

  • ↑

    Operating result improved

    Operating result -52.8k NOK → -36.7k NOK. Calculated

  • ↑

    Net result improved

    Net result -195.1k NOK → -36.7k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -669.5k NOK → -706.1k NOK (equity ratio -409.5% → -686.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -686.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation