FirmaIQ
Org.nr 967 688 576 2020 → 2021 Year-over-year analysis

ABACTUS AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-03-25; registry 2022-06-15; journal 2022 424662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABACTUS AS. Revenue 1.80m NOK → 1.80m NOK (0.0%). Net result +861.4k NOK → +1.18m NOK. Equity 35.71m NOK → 35.89m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABACTUS AS.

At a glance

Scorecard

Revenue
1.80m NOK 1.80m NOK
0.0%
Operating result
+685.1k NOK +659.1k NOK
-3.8%
Net result
+861.4k NOK +1.18m NOK
+36.9%
Equity
35.71m NOK 35.89m NOK
+0.5%
Cash
7.59m NOK 2.78m NOK
-63.3%
Total assets
53.44m NOK 56.79m NOK
+6.3%

What improved

  • ↑

    Net result improved

    Net result +861.4k NOK → +1.18m NOK (net margin 47.9% → 65.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 35.71m NOK → 35.89m NOK (equity ratio 66.8% → 63.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +685.1k NOK → +659.1k NOK (op. margin 38.1% → 36.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.59m NOK → 2.78m NOK (-63.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 930.6k NOK → 955.3k NOK (52% → 53% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.59m NOK → 2.78m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation