FirmaIQ
Org.nr 933 783 405 2020 → 2021 Year-over-year analysis

ABBOTT RAPID DIAGNOSTICS AS: årsregnskap 2021 vs 2020

Grew 18% on revenue, stronger earnings

approved 2022-07-08; registry 2022-09-06; journal 2022 916253

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABBOTT RAPID DIAGNOSTICS AS. Revenue 1.47bn NOK → 1.74bn NOK (+18.1%). Net result +16.29m NOK → +59.87m NOK. Equity 106.46m NOK → 166.32m NOK.

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

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

At a glance

Scorecard

Revenue
1.47bn NOK 1.74bn NOK
+18.1%
Operating result
+22.80m NOK +75.89m NOK
+232.9%
Net result
+16.29m NOK +59.87m NOK
+267.5%
Equity
106.46m NOK 166.32m NOK
+56.2%
Cash
2.22m NOK 2.50m NOK
+12.7%
Total assets
300.42m NOK 310.80m NOK
+3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.47bn NOK to 1.74bn NOK (+18.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +22.80m NOK → +75.89m NOK (op. margin 1.5% → 4.4%). Calculated

  • ↑

    Net result improved

    Net result +16.29m NOK → +59.87m NOK (net margin 1.1% → 3.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 106.46m NOK → 166.32m NOK (equity ratio 35.4% → 53.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.22m NOK → 2.50m NOK (+12.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 64.20m NOK → 74.88m NOK (4% → 4% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 329.75m NOK → 529.08m NOK (+60.4% YoY). Calculated