A2BUS AS: årsregnskap 2021 vs 2020
Grew 399% on revenue, slipped into loss, cash halved-plus
registry 2022-07-14; journal 2022 706212
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A2BUS AS. Revenue 196.7k NOK → 982.2k NOK (+399.2%). Net result +161.4k NOK → -147.6k NOK. Equity 30.7k NOK → -116.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for A2BUS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 196.7k NOK to 982.2k NOK (+399.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +161.4k NOK → -106.5k NOK (op. margin 82.0% → -10.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 161.4k NOK profit to a loss of 147.6k NOK. Calculated
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↓
Equity eroded
Book equity 30.7k NOK → -116.8k NOK (equity ratio 8.0% → -22.3%). Calculated
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↓
Cash fell
Bank deposits 75.2k NOK → 10.5k NOK (-86.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost -165.3k NOK → 1.80m NOK (-84% → 183% of revenue). Calculated
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Book investments changed
Investment / intangible book value 66.4k NOK → 322.3k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact