FirmaIQ
Org.nr 921 956 851 2020 → 2021 Year-over-year analysis

ABD ELEKTRO AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-18; journal 2022 886441

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABD ELEKTRO AS. Revenue 7.04m NOK → 6.15m NOK (-12.8%). Net result +543.5k NOK → +849.4k NOK. Equity 1.18m NOK → 1.88m NOK.

On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABD ELEKTRO AS.

At a glance

Scorecard

Revenue
7.04m NOK 6.15m NOK
-12.8%
Operating result
+707.9k NOK +1 115 NOK
-99.8%
Net result
+543.5k NOK +849.4k NOK
+56.3%
Equity
1.18m NOK 1.88m NOK
+59.3%
Cash
793.4k NOK 566.5k NOK
-28.6%
Total assets
4.81m NOK 2.99m NOK
-37.8%

What improved

  • ↑

    Net result improved

    Net result +543.5k NOK → +849.4k NOK (net margin 7.7% → 13.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.18m NOK → 1.88m NOK (equity ratio 24.5% → 62.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.64m NOK → 1.84m NOK (37% → 30% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.04m NOK to 6.15m NOK (-12.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +707.9k NOK → +1 115 NOK (op. margin 10.0% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 793.4k NOK → 566.5k NOK (-28.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.69m NOK → 2.22m NOK (-17.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact