ABCB AS: årsregnskap 2021 vs 2020
Shrank 30% on revenue, slipped into loss, cash halved-plus
approved 2022-01-21; registry 2022-02-24; journal 2022 123678
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABCB AS. Revenue 3.98m NOK → 2.77m NOK (-30.4%). Net result +361.9k NOK → -320.3k NOK. Equity 256.0k NOK → 935.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ABCB AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 256.0k NOK → 935.7k NOK (equity ratio 94.9% → 96.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.98m NOK to 2.77m NOK (-30.4% YoY). Calculated
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↓
Operating result weakened
Operating result +369.8k NOK → -295.2k NOK (op. margin 9.3% → -10.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 361.9k NOK profit to a loss of 320.3k NOK. Calculated
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↓
Cash fell
Bank deposits 1.22bn NOK → 849.7k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.22bn NOK → 849.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 3.49m NOK → 2.95m NOK (-15.4% YoY). Calculated