FOUNDERS & FUNDS AS: årsregnskap 2022 vs 2021
Shrank 100% on revenue, slipped into loss, cash halved-plus
registry 2023-07-26; journal 2023 651460
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for FOUNDERS & FUNDS AS. Revenue 283.8k NOK → 283 NOK (-99.9%). Net result +11.2k NOK → -611.1k NOK. Equity 885.6k NOK → 561.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for FOUNDERS & FUNDS AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 123.2k NOK → 3 NOK (43% → 1% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 283.8k NOK to 283 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +14.3k NOK → -611.1k NOK (op. margin 5.0% → -215927.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 11.2k NOK profit to a loss of 611.1k NOK. Calculated
-
↓
Equity eroded
Book equity 885.6k NOK → 561.3k NOK (equity ratio 98.6% → 61.2%). Calculated
-
↓
Cash fell
Bank deposits 360.2k NOK → 146.2k NOK (-59.4% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 874.4k NOK → 168.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 0 NOK → 5.22m NOK. Reported fact