Org.nr 888 023 852 2020 → 2021 Year-over-year analysis

ABACUS HOLDING AS: årsregnskap 2021 vs 2020

Grew 1189% on revenue, stronger earnings

approved 2022-02-07; registry 2022-02-23; journal 2022 121938

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABACUS HOLDING AS. Revenue 49.0k NOK → 631.7k NOK (+1189.2%). Net result +27.2k NOK → +600.1k NOK. Equity 2.12m NOK → 1.52m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
49.0k NOK 631.7k NOK
+1189.2%
Operating result
+27.2k NOK +600.0k NOK
+2101.8%
Net result
+27.2k NOK +600.1k NOK
+2110.1%
Equity
2.12m NOK 1.52m NOK
-28.3%
Cash
3 383 NOK 2 182 NOK
-35.5%
Total assets
2.12m NOK 2.12m NOK
-0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 49.0k NOK to 631.7k NOK (+1189.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +27.2k NOK → +600.0k NOK (op. margin 55.6% → 95.0%). Calculated

  • ↑

    Net result improved

    Net result +27.2k NOK → +600.1k NOK (net margin 55.4% → 95.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.12m NOK → 1.52m NOK (equity ratio 100.0% → 71.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 3 383 NOK → 2 182 NOK (-35.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 749.20× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated