FirmaIQ
Org.nr 993 593 516 2020 → 2021 Year-over-year analysis

ABAS KOSMETIKK AS: årsregnskap 2021 vs 2020

Grew 21% on revenue, weaker earnings

approved 2022-06-30; registry 2022-07-21; journal 2022 680797

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABAS KOSMETIKK AS. Revenue 6.85m NOK → 8.27m NOK (+20.7%). Net result +690.9k NOK → +263.7k NOK. Equity 3.09m NOK → 4.36m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABAS KOSMETIKK AS.

At a glance

Scorecard

Revenue
6.85m NOK 8.27m NOK
+20.7%
Operating result
+822.2k NOK +607.8k NOK
-26.1%
Net result
+690.9k NOK +263.7k NOK
-61.8%
Equity
3.09m NOK 4.36m NOK
+40.9%
Cash
1.89m NOK 2.76m NOK
+46.4%
Total assets
4.85m NOK 5.30m NOK
+9.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.85m NOK to 8.27m NOK (+20.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.09m NOK → 4.36m NOK (equity ratio 63.8% → 82.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.89m NOK → 2.76m NOK (+46.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +822.2k NOK → +607.8k NOK (op. margin 12.0% → 7.3%). Calculated

  • ↓

    Net result weakened

    Net result +690.9k NOK → +263.7k NOK (net margin 10.1% → 3.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.58m NOK → 1.78m NOK (23% → 22% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.41m NOK → 3.98m NOK (+17.0% YoY). Calculated