FirmaIQ
Org.nr 982 085 160 2020 → 2021 Year-over-year analysis

ABB AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, stronger earnings

approved 2022-03-21; registry 2022-05-30; journal 2022 288864

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABB AS. Revenue 4.45bn NOK → 4.83bn NOK (+8.6%). Net result +34.84m NOK → +210.73m NOK. Equity 654.5k NOK → 654.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABB AS.

At a glance

Scorecard

Revenue
4.45bn NOK 4.83bn NOK
+8.6%
Operating result
+66.25m NOK +133.94m NOK
+102.2%
Net result
+34.84m NOK +210.73m NOK
+504.9%
Equity
654.5k NOK 654.9k NOK
+0.1%
Cash
22.70m NOK 31.62m NOK
+39.3%
Total assets
3.25bn NOK 3.97bn NOK
+22.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.45bn NOK to 4.83bn NOK (+8.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +66.25m NOK → +133.94m NOK (op. margin 1.5% → 2.8%). Calculated

  • ↑

    Net result improved

    Net result +34.84m NOK → +210.73m NOK (net margin 0.8% → 4.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.70m NOK → 31.62m NOK (+39.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation