Org.nr 913 960 750 2020 → 2021 Year-over-year analysis

ABC ACCOUNTING AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-02-07; registry 2022-05-24; journal 2022 263493

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABC ACCOUNTING AS. Revenue 5.60m NOK → 5.63m NOK (+0.5%). Net result +390.9k NOK → +299.9k NOK. Equity 1.09m NOK → 1.09m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABC ACCOUNTING AS.

Scorecard

Revenue
5.60m NOK 5.63m NOK
+0.5%
Operating result
+477.3k NOK +369.0k NOK
-22.7%
Net result
+390.9k NOK +299.9k NOK
-23.3%
Equity
1.09m NOK 1.09m NOK
+0.0%
Cash
1.49m NOK 1.24m NOK
-16.5%
Total assets
2.47m NOK 2.36m NOK
-4.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.60m NOK to 5.63m NOK (+0.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +477.3k NOK → +369.0k NOK (op. margin 8.5% → 6.6%). Calculated

  • ↓

    Net result weakened

    Net result +390.9k NOK → +299.9k NOK (net margin 7.0% → 5.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.49m NOK → 1.24m NOK (-16.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.87m NOK → 3.97m NOK (69% → 71% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 67.5k NOK. Reported fact