Org.nr 962 093 914 2020 → 2021 Year-over-year analysis

ABAKUS NORGE AS: årsregnskap 2021 vs 2020

Shrank 26% on revenue, slipped into loss, cash halved-plus

approved 2022-05-23; registry 2022-06-08; journal 2022 342826

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABAKUS NORGE AS. Revenue 1.36m NOK → 1.01m NOK (-26.1%). Net result +435.1k NOK → -151.5k NOK. Equity 269.2k NOK → 117.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
1.36m NOK 1.01m NOK
-26.1%
Operating result
+467.9k NOK -154.1k NOK
-132.9%
Net result
+435.1k NOK -151.5k NOK
-134.8%
Equity
269.2k NOK 117.7k NOK
-56.3%
Cash
317.7k NOK 154.1k NOK
-51.5%
Total assets
534.3k NOK 455.2k NOK
-14.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.36m NOK to 1.01m NOK (-26.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +467.9k NOK → -154.1k NOK (op. margin 34.4% → -15.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 435.1k NOK profit to a loss of 151.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 269.2k NOK → 117.7k NOK (equity ratio 50.4% → 25.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 317.7k NOK → 154.1k NOK (-51.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.11m NOK → 20.4k NOK. Reported fact