ABC FALLSIKRING AS: årsregnskap 2021 vs 2020
Grew 3154% on revenue, returned to profit, cash halved-plus
approved 2022-05-03; registry 2022-06-15; journal 2022 455823
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC FALLSIKRING AS. Revenue 133.1k NOK → 4.33m NOK (+3153.6%). Net result -555.6k NOK → +318.1k NOK. Equity -508.2k NOK → -190.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC FALLSIKRING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 133.1k NOK to 4.33m NOK (+3153.6% YoY). Calculated
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Operating result improved
Operating result -519.6k NOK → +312.2k NOK (op. margin -390.3% → 7.2%). Calculated
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Turned profitable
Net result flipped from a loss of 555.6k NOK to a profit of 318.1k NOK. Calculated
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Equity strengthened
Book equity -508.2k NOK → -190.2k NOK (equity ratio -98.6% → -209.8%). Calculated
What deteriorated
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Cash fell
Bank deposits 74.7k NOK → 20.9k NOK (-72.0% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 18.97× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -209.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1 002 NOK → 1.21m NOK (1% → 28% of revenue). Calculated
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COGS fell
COGS / varekostnad 913.4k NOK → 757.5k NOK (-17.1% YoY). Calculated