WATERCIRCLES FORSIKRING ASA: årsregnskap 2021 vs 2020
Mixed movements in the accounts
approved 2022-03-22; registry 2022-07-09; journal 2022 591304
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for WATERCIRCLES FORSIKRING ASA. Equity 320.94m NOK → 302.74m NOK.
Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for WATERCIRCLES FORSIKRING ASA.
At a glance
Scorecard
Equity
320.94m NOK
302.74m NOK
-5.7%
Total assets
948.73m NOK
1.07bn NOK
+12.9%
What deteriorated
-
↓
Equity eroded
Book equity 320.94m NOK → 302.74m NOK (equity ratio 33.8% → 28.3%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 17.37bn NOK → 7.37bn NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 36.72m NOK → 60.82m NOK. Reported fact