FirmaIQ
Org.nr 932 102 285 2020 → 2021 Year-over-year analysis

ABACUS REGNSKAPSKONTOR AS: årsregnskap 2021 vs 2020

Shrank 18% on revenue, cash halved-plus

approved 2022-06-03; registry 2022-07-16; journal 2022 653415

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABACUS REGNSKAPSKONTOR AS. Revenue 2.72m NOK → 2.25m NOK (-17.5%). Net result +218.9k NOK → +241.0k NOK. Equity 543.1k NOK → 434.0k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.72m NOK 2.25m NOK
-17.5%
Operating result
+277.2k NOK +307.4k NOK
+10.9%
Net result
+218.9k NOK +241.0k NOK
+10.1%
Equity
543.1k NOK 434.0k NOK
-20.1%
Cash
707.7k NOK 197.2k NOK
-72.1%
Total assets
1.31m NOK 890.6k NOK
-32.1%

What improved

  • ↑

    Operating result improved

    Operating result +277.2k NOK → +307.4k NOK (op. margin 10.2% → 13.7%). Calculated

  • ↑

    Net result improved

    Net result +218.9k NOK → +241.0k NOK (net margin 8.0% → 10.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.82m NOK → 1.22m NOK (67% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.72m NOK to 2.25m NOK (-17.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 543.1k NOK → 434.0k NOK (equity ratio 41.4% → 48.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 707.7k NOK → 197.2k NOK (-72.1% YoY). Calculated