Org.nr 917 371 768 2020 → 2021 Year-over-year analysis

AEJ EIENDOM AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-06-27; registry 2022-07-06; journal 2022 579578

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AEJ EIENDOM AS. Net result -13.7k NOK → -9 515 NOK. Equity 10.40m NOK → 389.8k NOK.

On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AEJ EIENDOM AS.

Scorecard

Revenue
n/m 987 NOK
—
Operating result
-13.7k NOK -40.2k NOK
-192.8%
Net result
-13.7k NOK -9 515 NOK
+30.7%
Equity
10.40m NOK 389.8k NOK
-96.3%
Cash
26.6k NOK 34.7k NOK
+30.5%
Total assets
2.96m NOK 42.69m NOK
+1342.3%

What improved

  • ↑

    Net result improved

    Net result -13.7k NOK → -9 515 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 26.6k NOK → 34.7k NOK (+30.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.25× → 76.98×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.7k NOK → -40.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.40m NOK → 389.8k NOK (equity ratio 351.3% → 0.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 566 NOK → 18.0k NOK. Reported fact