Org.nr 988 935 352 2020 → 2021 Year-over-year analysis

ABA HOLDING AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-06-27; registry 2022-07-19; journal 2022 670813

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABA HOLDING AS. Net result +1.32m NOK → +2.27m NOK. Equity 8.46m NOK → 10.73m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABA HOLDING AS.

Scorecard

Operating result
-40.4k NOK -40.9k NOK
-1.2%
Net result
+1.32m NOK +2.27m NOK
+71.3%
Equity
8.46m NOK 10.73m NOK
+26.8%
Cash
1.05m NOK 157.1k NOK
-85.0%
Total assets
8.88m NOK 10.96m NOK
+23.5%

What improved

  • ↑

    Net result improved

    Net result +1.32m NOK → +2.27m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.46m NOK → 10.73m NOK (equity ratio 95.3% → 97.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -40.4k NOK → -40.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.05m NOK → 157.1k NOK (-85.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.05m NOK → 157.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5.99m NOK → 994.0k NOK. Reported fact