ABEKA EIENDOM AS: årsregnskap 2021 vs 2020
Grew 53% on revenue, slipped into loss
approved 2022-05-31; registry 2022-06-27; journal 2022 527322
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABEKA EIENDOM AS. Revenue 563.8k NOK → 860.2k NOK (+52.6%). Net result +34.5k NOK → -31.8k NOK. Equity 138.9k NOK → 107.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEKA EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 563.8k NOK to 860.2k NOK (+52.6% YoY). Calculated
-
↑
Operating result improved
Operating result +2 020 NOK → +88.9k NOK (op. margin 0.4% → 10.3%). Calculated
-
↑
Cash rose
Bank deposits 161.4k NOK → 190.3k NOK (+17.9% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 34.5k NOK profit to a loss of 31.8k NOK. Calculated
-
↓
Equity eroded
Book equity 138.9k NOK → 107.1k NOK (equity ratio 3.6% → 2.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation