COLONTHREE ENTERPRISES AS: årsregnskap 2021 vs 2020
Shrank 91% on revenue, weaker earnings
approved 2022-04-23; registry 2022-04-26; journal 2022 223452
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for COLONTHREE ENTERPRISES AS. Revenue 10.3k NOK → 897 NOK (-91.3%). Net result -6 754 NOK → -52.6k NOK. Equity 15.2k NOK → -37.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for COLONTHREE ENTERPRISES AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 432 NOK → 6 741 NOK (+1460.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.3k NOK to 897 NOK (-91.3% YoY). Calculated
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↓
Operating result weakened
Operating result -6 754 NOK → -11.0k NOK (op. margin -65.8% → -1231.5%). Calculated
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↓
Net result weakened
Net result -6 754 NOK → -52.6k NOK (net margin -65.8% → -5869.6%). Calculated
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↓
Equity eroded
Book equity 15.2k NOK → -37.4k NOK (equity ratio 34.3% → -223.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -223.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 44.0k NOK → 10.0k NOK. Reported fact