ABB HOLDING AS: årsregnskap 2021 vs 2020
Grew 13% on revenue, weaker earnings
approved 2022-03-21; registry 2022-06-02; journal 2022 291748
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABB HOLDING AS. Revenue 6.64bn NOK → 7.50bn NOK (+12.9%). Net result +139.43m NOK → +370.6k NOK. Equity 534.19m NOK → 533.74m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABB HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.64bn NOK to 7.50bn NOK (+12.9% YoY). Calculated
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↑
Operating result improved
Operating result -7.02m NOK → +243.7k NOK (op. margin -0.1% → 0.0%). Calculated
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Cash rose
Bank deposits 13.98m NOK → 36.57m NOK (+161.5% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +139.43m NOK → +370.6k NOK (net margin 2.1% → 0.0%). Calculated
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↓
Equity eroded
Book equity 534.19m NOK → 533.74m NOK (equity ratio 42.8% → 40.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.53m NOK → 7.00m NOK (0% → 0% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 867.58m NOK → 867.48m NOK. Reported fact