Org.nr 915 785 107 2020 → 2021 Year-over-year analysis

ABEL BB AS: årsregnskap 2021 vs 2020

Grew 16% on revenue, slipped into loss

approved 2022-05-31; registry 2022-07-13; journal 2022 695230

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABEL BB AS. Revenue 207.7k NOK → 241.6k NOK (+16.3%). Net result +48.0k NOK → -46.6k NOK. Equity 65.0k NOK → 18.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABEL BB AS.

Scorecard

Revenue
207.7k NOK 241.6k NOK
+16.3%
Operating result
+48.0k NOK -48.0k NOK
-200.0%
Net result
+48.0k NOK -46.6k NOK
-197.1%
Equity
65.0k NOK 18.4k NOK
-71.7%
Cash
90.3k NOK 47.1k NOK
-47.9%
Total assets
102.4k NOK 47.1k NOK
-54.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 207.7k NOK to 241.6k NOK (+16.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +48.0k NOK → -48.0k NOK (op. margin 23.1% → -19.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 48.0k NOK profit to a loss of 46.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 65.0k NOK → 18.4k NOK (equity ratio 63.4% → 39.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 90.3k NOK → 47.1k NOK (-47.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 115.7k NOK → 183.5k NOK (56% → 76% of revenue). Calculated