FirmaIQ
Org.nr 986 950 516 2020 → 2021 Year-over-year analysis

ABACTA AS: årsregnskap 2021 vs 2020

Returned to profit, cash halved-plus

approved 2022-04-20; registry 2022-05-10; journal 2022 215653

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABACTA AS. Revenue 1.05m NOK → 1.01m NOK (-4.3%). Net result -377.5k NOK → +196.3k NOK. Equity 2.29m NOK → 9.59m NOK.

On the constructive side: turned profitable; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.05m NOK 1.01m NOK
-4.3%
Operating result
-295.5k NOK n/m
—
Net result
-377.5k NOK +196.3k NOK
+152.0%
Equity
2.29m NOK 9.59m NOK
+318.3%
Cash
133.0k NOK 48.8k NOK
-63.3%
Total assets
4.97m NOK 9.80m NOK
+97.2%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 377.5k NOK to a profit of 196.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.29m NOK → 9.59m NOK (equity ratio 46.1% → 97.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.54× → 1.15×. Calculated

  • ↑

    Payroll decreased

    Salary cost 878.8k NOK → 776.1k NOK (83% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.05m NOK to 1.01m NOK (-4.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 133.0k NOK → 48.8k NOK (-63.3% YoY). Calculated