Org.nr 919 708 484 2020 → 2021 Year-over-year analysis

JB VENTURES AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-05-28; registry 2022-06-01; journal 2022 391875

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for JB VENTURES AS. Net result -3 356 NOK → -11.0k NOK. Equity 7 450 NOK → -3 525 NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-5 164 NOK -11.0k NOK
-112.5%
Net result
-3 356 NOK -11.0k NOK
-227.1%
Equity
7 450 NOK -3 525 NOK
-147.3%
Cash
835 NOK 98.9k NOK
+11739.4%
Total assets
118.9k NOK 266.9k NOK
+124.5%

What improved

  • ↑

    Cash rose

    Bank deposits 835 NOK → 98.9k NOK (+11739.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 164 NOK → -11.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 356 NOK → -11.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7 450 NOK → -3 525 NOK (equity ratio 6.3% → -1.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 117.5k NOK → 167.5k NOK. Reported fact