ABACO SHIPPING AS: årsregnskap 2021 vs 2020
Grew 849% on revenue, returned to profit
approved 2022-06-28; registry 2022-07-11; journal 2022 613022
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABACO SHIPPING AS. Revenue 1 533 NOK → 14.6k NOK (+849.1%). Net result -615.6k NOK → +11.41m NOK. Equity 9.65m NOK → 21.06m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACO SHIPPING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 533 NOK to 14.6k NOK (+849.1% YoY). Calculated
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↑
Operating result improved
Operating result -93.5k NOK → +11.74m NOK (op. margin -6101.9% → 80716.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 615.6k NOK to a profit of 11.41m NOK. Calculated
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↑
Equity strengthened
Book equity 9.65m NOK → 21.06m NOK (equity ratio 28.8% → 69.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 738.8k NOK → 638.7k NOK (-13.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 32.31m NOK → 29.58m NOK. Reported fact