ABANTI AS: årsregnskap 2021 vs 2020
Shrank 75% on revenue, stronger earnings
approved 2022-06-14; registry 2022-06-20; journal 2022 474779
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABANTI AS. Revenue 863.3k NOK → 215.6k NOK (-75.0%). Net result -82.2k NOK → -10.4k NOK. Equity -71.6k NOK → -82.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABANTI AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -62.5k NOK → +12.5k NOK (op. margin -7.2% → 5.8%). Calculated
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Net result improved
Net result -82.2k NOK → -10.4k NOK (net margin -9.5% → -4.8%). Calculated
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Cash rose
Bank deposits 64.7k NOK → 160.9k NOK (+148.6% YoY). Calculated
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Payroll decreased
Salary cost 3.21m NOK → 229.1k NOK (372% → 106% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 863.3k NOK to 215.6k NOK (-75.0% YoY). Calculated
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Equity eroded
Book equity -71.6k NOK → -82.0k NOK (equity ratio -16.6% → -21.3%). Calculated
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COGS moved
COGS / varekostnad 412.3k NOK → 478.6k NOK (+16.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -21.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Headcount (årsverk) changed
Reported FTEs 1.5 → 1. Reported fact