Org.nr 922 044 236 2020 → 2021 Year-over-year analysis

ABAZI HOLDING AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2021-12-31; registry 2022-07-20; journal 2022 740964

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABAZI HOLDING AS. Revenue 0 NOK → 1 300 NOK. Net result -1 946 NOK → +1.30m NOK. Equity 321.3k NOK → 606.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABAZI HOLDING AS.

Scorecard

Revenue
0 NOK 1 300 NOK
—
Operating result
-1 982 NOK +1.30m NOK
+65574.6%
Net result
-1 946 NOK +1.30m NOK
+66763.2%
Equity
321.3k NOK 606.5k NOK
+88.8%
Cash
304.1k NOK 204.8k NOK
-32.6%
Total assets
321.3k NOK 844.8k NOK
+163.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 1 300 NOK. Calculated

  • ↑

    Operating result improved

    Operating result -1 982 NOK → +1.30m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1 946 NOK to a profit of 1.30m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 321.3k NOK → 606.5k NOK (equity ratio 100.0% → 71.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -146.96× → 3.55×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 304.1k NOK → 204.8k NOK (-32.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 18.0k NOK — check capital reduction, conversion, or reclassification. Interpretation