FirmaIQ
Org.nr 921 398 514 2020 → 2021 Year-over-year analysis

ABEKON AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-02-28; registry 2022-03-03; journal 2022 132641

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABEKON AS. Revenue 1.75m NOK → 1.75m NOK (+0.1%). Net result +878.8k NOK → +8.74m NOK. Equity 5.52m NOK → 30.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABEKON AS.

At a glance

Scorecard

Revenue
1.75m NOK 1.75m NOK
+0.1%
Operating result
+134.0k NOK +965.2k NOK
+620.5%
Net result
+878.8k NOK +8.74m NOK
+895.0%
Equity
5.52m NOK 30.2k NOK
-99.5%
Cash
395.5k NOK 403.4k NOK
+2.0%
Total assets
1.33m NOK 790.7k NOK
-40.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.75m NOK to 1.75m NOK (+0.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +134.0k NOK → +965.2k NOK (op. margin 7.7% → 55.1%). Calculated

  • ↑

    Net result improved

    Net result +878.8k NOK → +8.74m NOK (net margin 50.3% → 499.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 395.5k NOK → 403.4k NOK (+2.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.52m NOK → 30.2k NOK (equity ratio 414.5% → 3.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 316.3k NOK → 518.1k NOK (18% → 30% of revenue). Calculated