Org.nr 986 721 924 2020 → 2021 Year-over-year analysis

ABC EIENDOM AS: årsregnskap 2021 vs 2020

Returned to profit, cash halved-plus

approved 2022-06-20; registry 2022-07-12; journal 2022 625872

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABC EIENDOM AS. Net result -759.5k NOK → +999.1k NOK. Equity 4.10m NOK → 3.10m NOK.

On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABC EIENDOM AS.

Scorecard

Revenue
4 854 NOK n/m
—
Operating result
-58.7k NOK -118.4k NOK
-101.6%
Net result
-759.5k NOK +999.1k NOK
+231.6%
Equity
4.10m NOK 3.10m NOK
-24.4%
Cash
176.7k NOK 7 249 NOK
-95.9%
Total assets
28.62m NOK 39.82m NOK
+39.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 759.5k NOK to a profit of 999.1k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -58.7k NOK → -118.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.10m NOK → 3.10m NOK (equity ratio 14.3% → 7.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 176.7k NOK → 7 249 NOK (-95.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 154 NOK → 2 NOK. Reported fact