ABC SOLUTIONS HOLDING AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, stronger earnings
approved 2022-05-02; registry 2022-05-28; journal 2022 276716
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC SOLUTIONS HOLDING AS. Revenue 2.05m NOK → 1.94m NOK (-5.5%). Net result +1.98m NOK → +3.96m NOK. Equity 4.36m NOK → 4.31m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC SOLUTIONS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +1.98m NOK → +3.96m NOK (net margin 96.6% → 204.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.05m NOK to 1.94m NOK (-5.5% YoY). Calculated
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↓
Operating result weakened
Operating result -373.9k NOK → -527.5k NOK (op. margin -18.2% → -27.2%). Calculated
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↓
Equity eroded
Book equity 4.36m NOK → 4.31m NOK (equity ratio 76.3% → 77.7%). Calculated
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↓
Cash fell
Bank deposits 1.18m NOK → 988.6k NOK (-16.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.99m NOK → 2.00m NOK (97% → 104% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.23m NOK → 4.36m NOK. Reported fact