Org.nr 940 106 966 2020 → 2021 Year-over-year analysis

Abacus Consult AS: årsregnskap 2021 vs 2020

Shrank 92% on revenue, stronger earnings

approved 2022-06-04; registry 2022-07-16; journal 2022 718498

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for Abacus Consult AS. Revenue 601.5k NOK → 49.9k NOK (-91.7%). Net result -12.13m NOK → -1.08m NOK. Equity 71.8k NOK → 5.00m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for Abacus Consult AS.

Scorecard

Revenue
601.5k NOK 49.9k NOK
-91.7%
Operating result
-389.4k NOK -60.7k NOK
+84.4%
Net result
-12.13m NOK -1.08m NOK
+91.1%
Equity
71.8k NOK 5.00m NOK
+6859.3%
Cash
76.5k NOK 371.0k NOK
+384.6%
Total assets
7.16m NOK 5.84m NOK
-18.4%

What improved

  • ↑

    Operating result improved

    Operating result -389.4k NOK → -60.7k NOK (op. margin -64.7% → -121.6%). Calculated

  • ↑

    Net result improved

    Net result -12.13m NOK → -1.08m NOK (net margin -2016.7% → -2155.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 71.8k NOK → 5.00m NOK (equity ratio 1.0% → 85.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 76.5k NOK → 371.0k NOK (+384.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.56× → 1.43×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 601.5k NOK to 49.9k NOK (-91.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.02m NOK → 5.41m NOK. Reported fact