ABACUS RATIO AS: årsregnskap 2021 vs 2020
Grew 1159% on revenue, weaker earnings
approved 2022-01-31; registry 2022-02-12; journal 2022 115260
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABACUS RATIO AS. Revenue 926.3k NOK → 11.66m NOK (+1158.7%). Net result +5.38m NOK → +2.27m NOK. Equity 1.98m NOK → 3.15m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABACUS RATIO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 926.3k NOK to 11.66m NOK (+1158.7% YoY). Calculated
-
↑
Operating result improved
Operating result +485.6k NOK → +950.1k NOK (op. margin 52.4% → 8.1%). Calculated
-
↑
Equity strengthened
Book equity 1.98m NOK → 3.15m NOK (equity ratio 19.1% → 39.4%). Calculated
-
↑
Cash rose
Bank deposits 540.7k NOK → 562.6k NOK (+4.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.91× → 1.09×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +5.38m NOK → +2.27m NOK (net margin 580.9% → 19.4%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 3.62m NOK → 6.08m NOK (390% → 52% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 763.3k NOK → 602.6k NOK (-21.1% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 8 → 9. Reported fact