ABC EIENDOM SERVICE AS: årsregnskap 2021 vs 2020
Grew 112675% on revenue, returned to profit, cash halved-plus
approved 2023-06-15; registry 2023-06-19; journal 2023 497966
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC EIENDOM SERVICE AS. Revenue 15.2k NOK → 17.10m NOK (+112675.0%). Net result -1 266 NOK → +516.5k NOK. Equity -1.24m NOK → -720.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABC EIENDOM SERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.2k NOK to 17.10m NOK (+112675.0% YoY). Calculated
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Operating result improved
Operating result -980.4k NOK → +499.5k NOK (op. margin -6466.0% → 2.9%). Calculated
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Turned profitable
Net result flipped from a loss of 1 266 NOK to a profit of 516.5k NOK. Calculated
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Equity strengthened
Book equity -1.24m NOK → -720.1k NOK (equity ratio -7.5% → -3.0%). Calculated
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Payroll decreased
Salary cost 6 636 NOK → 2 NOK (44% → 0% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 502.4k NOK → 445 NOK (-99.9% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 111.2k NOK → 15.82m NOK (+14131.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 30.0k NOK → 3.22m NOK. Reported fact