ABBAS AS: årsregnskap 2021 vs 2020
Grew 15% on revenue, returned to profit
approved 2022-06-28; registry 2022-07-09; journal 2022 612200
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABBAS AS. Revenue 8.78m NOK → 10.07m NOK (+14.7%). Net result -932.6k NOK → +861.9k NOK. Equity 10 NOK → 529.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABBAS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 8.78m NOK to 10.07m NOK (+14.7% YoY). Calculated
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Operating result improved
Operating result -938.1k NOK → +78.6k NOK (op. margin -10.7% → 0.8%). Calculated
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Turned profitable
Net result flipped from a loss of 932.6k NOK to a profit of 861.9k NOK. Calculated
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Equity strengthened
Book equity 10 NOK → 529.2k NOK (equity ratio 0.0% → 21.3%). Calculated
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Cash rose
Bank deposits 726.0k NOK → 981.8k NOK (+35.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.80m NOK → 3.07m NOK (32% → 31% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.82m NOK → 2.58m NOK (-8.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 10 → 6. Reported fact