Org.nr 924 018 879 2020 → 2021 Year-over-year analysis

ABECK SALTHELLA AS: årsregnskap 2021 vs 2020

Cash halved-plus

approved 2022-06-30; registry 2022-07-06; journal 2022 630109

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABECK SALTHELLA AS. Net result -439.9k NOK → -412.2k NOK. Equity -409.9k NOK → -822.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABECK SALTHELLA AS.

Scorecard

Revenue
n/m 10.0k NOK
—
Operating result
-382.7k NOK -351.1k NOK
+8.3%
Net result
-439.9k NOK -412.2k NOK
+6.3%
Equity
-409.9k NOK -822.1k NOK
-100.6%
Cash
619.6k NOK 259.7k NOK
-58.1%
Total assets
6.12m NOK 5.77m NOK
-5.7%

What improved

  • ↑

    Operating result improved

    Operating result -382.7k NOK → -351.1k NOK. Calculated

  • ↑

    Net result improved

    Net result -439.9k NOK → -412.2k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -409.9k NOK → -822.1k NOK (equity ratio -6.7% → -14.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 619.6k NOK → 259.7k NOK (-58.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -14.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation