ABECO AS: årsregnskap 2021 vs 2020
Stronger earnings
registry 2022-02-15; journal 2022 116512
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABECO AS. Revenue 1.69m NOK → 1.73m NOK (+2.1%). Net result +190.9k NOK → +501.2k NOK. Equity 284.6k NOK → 785.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABECO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.69m NOK to 1.73m NOK (+2.1% YoY). Calculated
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↑
Operating result improved
Operating result +210.1k NOK → +644.19m NOK (op. margin 12.4% → 37246.9%). Calculated
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↑
Net result improved
Net result +190.9k NOK → +501.2k NOK (net margin 11.3% → 29.0%). Calculated
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↑
Equity strengthened
Book equity 284.6k NOK → 785.9k NOK (equity ratio 44.3% → 594.4%). Calculated
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↑
Cash rose
Bank deposits 432.0k NOK → 896.8k NOK (+107.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.83× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.07m NOK → 2.72m NOK (63% → 158% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 10.3k NOK → 42.4k NOK. Reported fact