FirmaIQ
Org.nr 916 161 549 2020 → 2021 Year-over-year analysis

TAVARE AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-06-30; registry 2022-07-11; journal 2022 680877

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for TAVARE AS. Revenue 862 NOK → 862 NOK (0.0%). Net result -84.1k NOK → -14.9k NOK. Equity -168.6k NOK → -183.5k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for TAVARE AS.

At a glance

Scorecard

Revenue
862 NOK 862 NOK
0.0%
Operating result
-89.4k NOK -14.9k NOK
+83.3%
Net result
-84.1k NOK -14.9k NOK
+82.3%
Equity
-168.6k NOK -183.5k NOK
-8.8%
Cash
6 256 NOK 100 NOK
-98.4%
Total assets
11.6k NOK 100 NOK
-99.1%

What improved

  • ↑

    Operating result improved

    Operating result -89.4k NOK → -14.9k NOK (op. margin -10369.5% → -1728.0%). Calculated

  • ↑

    Net result improved

    Net result -84.1k NOK → -14.9k NOK (net margin -9753.4% → -1728.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -168.6k NOK → -183.5k NOK (equity ratio -1457.9% → -183513.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 6 256 NOK → 100 NOK (-98.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -183513.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation