ABEA AS: årsregnskap 2021 vs 2020
Grew 74% on revenue, slipped into loss, fresh owner capital
approved 2022-05-18; registry 2022-06-14; journal 2022 414761
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABEA AS. Revenue 11.94m NOK → 20.80m NOK (+74.2%). Net result +73.9k NOK → -1.14m NOK. Equity 11.11m NOK → -962.1k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABEA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.94m NOK to 20.80m NOK (+74.2% YoY). Calculated
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↑
Cash rose
Bank deposits 262.9k NOK → 744.5k NOK (+183.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.07× → 1.88×. Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 105.4k NOK (+75.4k NOK). Reported fact
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↑
Payroll decreased
Salary cost 971.5k NOK → 2 NOK (8% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +120.5k NOK → -1.11m NOK (op. margin 1.0% → -5.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 73.9k NOK profit to a loss of 1.14m NOK. Calculated
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↓
Equity eroded
Book equity 11.11m NOK → -962.1k NOK (equity ratio 314.0% → -19.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 10.27m NOK → 17.64m NOK (+71.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact