ABACS AS: årsregnskap 2021 vs 2020
Shrank 82% on revenue, weaker earnings
approved 2022-06-29; registry 2022-07-20; journal 2022 671465
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABACS AS. Revenue 512.6k NOK → 91.3k NOK (-82.2%). Net result -783.6k NOK → -2.05m NOK. Equity 22.90m NOK → 20.84m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 266.2k NOK → 324.3k NOK (+21.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 512.6k NOK to 91.3k NOK (-82.2% YoY). Calculated
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↓
Operating result weakened
Operating result +34.9k NOK → -368.1k NOK (op. margin 6.8% → -403.2%). Calculated
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↓
Net result weakened
Net result -783.6k NOK → -2.05m NOK (net margin -152.9% → -2248.5%). Calculated
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↓
Equity eroded
Book equity 22.90m NOK → 20.84m NOK (equity ratio 43.3% → 40.4%). Calculated
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↓
COGS moved
COGS / varekostnad 29.1k NOK → 39.3k NOK (+35.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 40.33m NOK → 17.51m NOK. Reported fact