MPC CONTAINER SHIPS ASA: årsregnskap 2021 vs 2020
Shrank 10% on revenue, returned to profit, fresh owner capital
approved 2022-04-27; registry 2022-07-23; journal 2022 682291
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for MPC CONTAINER SHIPS ASA. Revenue 16.46m NOK → 14.78m NOK (-10.2%). Net result -3.62m NOK → +12.67m NOK. Equity 490.0k NOK → 447.81m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for MPC CONTAINER SHIPS ASA.
At a glance
Scorecard
What improved
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Turned profitable
Net result flipped from a loss of 3.62m NOK to a profit of 12.67m NOK. Calculated
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Equity strengthened
Book equity 490.0k NOK → 447.81m NOK (equity ratio 99.7% → 64017.0%). Calculated
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Cash rose
Bank deposits 3.13m NOK → 101.83m NOK (+3157.6% YoY). Calculated
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Owners injected capital
Paid-in equity rose 498.7k NOK → 443.80m NOK (+443.30m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 16.46m NOK to 14.78m NOK (-10.2% YoY). Calculated
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Operating result weakened
Operating result -3.83m NOK → -9.43m NOK (op. margin -23.2% → -63.8%). Calculated
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Current ratio dropped below 1×
Current ratio 5.72× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 1.15m NOK → 7.18m NOK (7% → 49% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 483.2k NOK → 516.9k NOK. Reported fact