ABC LAGERET AS: årsregnskap 2021 vs 2020
Shrank 39% on revenue, stronger earnings
approved 2022-03-25; registry 2022-04-27; journal 2022 227185
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC LAGERET AS. Revenue 749.0k NOK → 459.9k NOK (-38.6%). Net result -192.5k NOK → -43.2k NOK. Equity -212.8k NOK → -256.1k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC LAGERET AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -192.0k NOK → -44.2k NOK (op. margin -25.6% → -9.6%). Calculated
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Net result improved
Net result -192.5k NOK → -43.2k NOK (net margin -25.7% → -9.4%). Calculated
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Cash rose
Bank deposits 45.4k NOK → 165.7k NOK (+265.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 749.0k NOK to 459.9k NOK (-38.6% YoY). Calculated
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Equity eroded
Book equity -212.8k NOK → -256.1k NOK (equity ratio -4.9% → -6.0%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 332.7k NOK → 76.5k NOK (-77.0% YoY). Calculated