ABC-TAKST AS: årsregnskap 2021 vs 2020
Shrank 79% on revenue, weaker earnings
approved 2022-06-17; registry 2022-07-14; journal 2022 705414
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC-TAKST AS. Revenue 386.4k NOK → 82.4k NOK (-78.7%). Net result -156.9k NOK → -284.5k NOK. Equity -426.8k NOK → -711.3k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC-TAKST AS.
At a glance
Scorecard
What improved
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Cash rose
Bank deposits 8 908 NOK → 36.7k NOK (+311.9% YoY). Calculated
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Payroll decreased
Salary cost 101.5k NOK → 52.6k NOK (26% → 64% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 386.4k NOK to 82.4k NOK (-78.7% YoY). Calculated
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↓
Operating result weakened
Operating result -23.3k NOK → -286.3k NOK (op. margin -6.0% → -347.3%). Calculated
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Net result weakened
Net result -156.9k NOK → -284.5k NOK (net margin -40.6% → -345.2%). Calculated
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↓
Equity eroded
Book equity -426.8k NOK → -711.3k NOK (equity ratio -108.4% → -372.1%). Calculated
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COGS moved
COGS / varekostnad 27.8k NOK → 86.9k NOK (+212.5% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -372.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation