Org.nr 988 015 792 2020 → 2021 Year-over-year analysis

ABADJOM AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-09-01; registry 2022-09-10; journal 2022 921941

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABADJOM AS. Net result -398.5k NOK → -229.6k NOK. Equity 336.6k NOK → 107.0k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABADJOM AS.

Scorecard

Operating result
-1.10m NOK +1.51m NOK
+237.6%
Net result
-398.5k NOK -229.6k NOK
+42.4%
Equity
336.6k NOK 107.0k NOK
-68.2%
Cash
652 NOK 311.6k NOK
+47698.3%
Total assets
2.96m NOK 3.20m NOK
+7.8%

What improved

  • ↑

    Operating result improved

    Operating result -1.10m NOK → +1.51m NOK. Calculated

  • ↑

    Net result improved

    Net result -398.5k NOK → -229.6k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 652 NOK → 311.6k NOK (+47698.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 336.6k NOK → 107.0k NOK (equity ratio 11.4% → 3.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.27m NOK → 1.19m NOK. Reported fact