ABC BILUTLEIE AS: årsregnskap 2021 vs 2020
Grew 118151% on revenue, stronger earnings, cash halved-plus
approved 2022-06-30; registry 2022-07-20; journal 2022 676205
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC BILUTLEIE AS. Revenue 23.8k NOK → 28.15m NOK (+118150.9%). Net result +5 662 NOK → +385.5k NOK. Equity 1.31m NOK → 1.69m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABC BILUTLEIE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 23.8k NOK to 28.15m NOK (+118150.9% YoY). Calculated
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Operating result improved
Operating result +108.9k NOK → +575.3k NOK (op. margin 457.5% → 2.0%). Calculated
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Net result improved
Net result +5 662 NOK → +385.5k NOK (net margin 23.8% → 1.4%). Calculated
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Equity strengthened
Book equity 1.31m NOK → 1.69m NOK (equity ratio 30.1% → 7.0%). Calculated
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Owners injected capital
Paid-in equity rose 1 301 NOK → 1.30m NOK (+1.30m NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 29.5k NOK → 71 NOK (-99.8% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 23.6k NOK → 27.46m NOK (+116113.8% YoY). Calculated