PLAACE AS: årsregnskap 2021 vs 2020
Grew 111763% on revenue, weaker earnings, fresh owner capital
approved 2022-06-28; registry 2022-07-02; journal 2022 576804
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for PLAACE AS. Revenue 1 610 NOK → 1.80m NOK (+111763.4%). Net result -1.39m NOK → -5.50m NOK. Equity 3.17m NOK → -461.2k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for PLAACE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 610 NOK to 1.80m NOK (+111763.4% YoY). Calculated
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Cash rose
Bank deposits 3 425 NOK → 1.24m NOK (+36143.1% YoY). Calculated
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Owners injected capital
Paid-in equity rose 4 559 NOK → 6.42m NOK (+6.42m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -1.32m NOK → -6.87m NOK (op. margin -82188.1% → -381.3%). Calculated
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↓
Net result weakened
Net result -1.39m NOK → -5.50m NOK (net margin -86140.9% → -305.2%). Calculated
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↓
Equity eroded
Book equity 3.17m NOK → -461.2k NOK (equity ratio 91.5% → -16.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -16.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 437.6k NOK → 358.6k NOK (-18.1% YoY). Calculated