A-BA EIENDOM AS: årsregnskap 2021 vs 2020
Grew 127213% on revenue, stronger earnings
approved 2022-06-30; registry 2022-08-08; journal 2022 828949
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-BA EIENDOM AS. Revenue 2 443 NOK → 3.11m NOK (+127213.2%). Net result +378.9k NOK → +770.8k NOK. Equity 402.3k NOK → 173.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A-BA EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 443 NOK to 3.11m NOK (+127213.2% YoY). Calculated
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↑
Operating result improved
Operating result +1.36m NOK → +1.85m NOK (op. margin 55538.0% → 59.4%). Calculated
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↑
Net result improved
Net result +378.9k NOK → +770.8k NOK (net margin 15509.9% → 24.8%). Calculated
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↑
Cash rose
Bank deposits 603.0k NOK → 948.4k NOK (+57.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 402.3k NOK → 173.1k NOK (equity ratio 1.5% → 0.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 173 NOK → 178.5k NOK (130% → 6% of revenue). Calculated