Org.nr 988 013 897 2020 → 2021 Year-over-year analysis

ABEKA AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-06-30; registry 2022-08-18; journal 2022 882977

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABEKA AS. Net result +3.41m NOK → +6.21m NOK. Equity 22.62m NOK → 16.83m NOK.

On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEKA AS.

Scorecard

Revenue
9 500 NOK n/m
—
Operating result
-54.6k NOK -55.6k NOK
-1.8%
Net result
+3.41m NOK +6.21m NOK
+82.1%
Equity
22.62m NOK 16.83m NOK
-25.6%
Cash
6.68m NOK 7.90m NOK
+18.3%
Total assets
23.07m NOK 29.16m NOK
+26.4%

What improved

  • ↑

    Net result improved

    Net result +3.41m NOK → +6.21m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 6.68m NOK → 7.90m NOK (+18.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -54.6k NOK → -55.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 22.62m NOK → 16.83m NOK (equity ratio 98.1% → 57.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 18.43× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 14.84m NOK → 20.13m NOK. Reported fact