ABC 3 AS: årsregnskap 2021 vs 2020
Grew 1270% on revenue, slipped into loss
approved 2022-06-30; registry 2022-07-30; journal 2022 740470
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC 3 AS. Revenue 581.7k NOK → 7.97m NOK (+1270.5%). Net result +10 NOK → -158.3k NOK. Equity 15.57m NOK → 15.42m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC 3 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 581.7k NOK to 7.97m NOK (+1270.5% YoY). Calculated
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↑
Operating result improved
Operating result -404.4k NOK → -125.4k NOK (op. margin -69.5% → -1.6%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 10 NOK profit to a loss of 158.3k NOK. Calculated
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↓
Equity eroded
Book equity 15.57m NOK → 15.42m NOK (equity ratio 69.5% → 37.3%). Calculated
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↓
Cash fell
Bank deposits 513.8k NOK → 281.6k NOK (-45.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.88× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 800.7k NOK → 5.17m NOK (138% → 65% of revenue). Calculated
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COGS fell
COGS / varekostnad 979.6k NOK → 551.3k NOK (-43.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 797.5k NOK → 34.48m NOK. Reported fact