ABE UTVIKLING AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, returned to profit
approved 2022-06-30; registry 2022-09-01; journal 2022 916407
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABE UTVIKLING AS. Revenue 603.5k NOK → 686 NOK (-99.9%). Net result -485.9k NOK → +57.5k NOK. Equity 5.46m NOK → 520.8k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABE UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -66.7k NOK → +200.3k NOK (op. margin -11.0% → 29203.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 485.9k NOK to a profit of 57.5k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 603.5k NOK to 686 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 5.46m NOK → 520.8k NOK (equity ratio 120.7% → 12.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 286.9k NOK → 236.1k NOK (-17.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 747.3k NOK → 463.4k NOK. Reported fact