ABE CONSULT AS: årsregnskap 2021 vs 2020
Shrank 5% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-09; journal 2022 652931
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABE CONSULT AS. Revenue 2.17m NOK → 2.06m NOK (-5.4%). Net result +339.1k NOK → +1.33m NOK. Equity 779.2k NOK → 3.11m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABE CONSULT AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +339.1k NOK → +1.33m NOK (net margin 15.6% → 64.7%). Calculated
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Equity strengthened
Book equity 779.2k NOK → 3.11m NOK (equity ratio 237.9% → 83.3%). Calculated
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Cash rose
Bank deposits 184.3k NOK → 436.1k NOK (+136.6% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.64× → 6.65×. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.17m NOK to 2.06m NOK (-5.4% YoY). Calculated
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Operating result weakened
Operating result +968.8k NOK → +905.2k NOK (op. margin 44.6% → 44.0%). Calculated
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Payroll up without matching revenue
Salary cost 1.02m NOK → 3.96m NOK (47% → 193% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 200.1k NOK → 200 NOK (-99.9% YoY). Calculated