Org.nr 915 231 284 2020 → 2021 Year-over-year analysis

ABEL CAPITAL MANAGEMENT AS: årsregnskap 2021 vs 2020

Cash halved-plus

approved 2022-03-30; registry 2022-08-02; journal 2022 866144

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABEL CAPITAL MANAGEMENT AS. Net result -7 085 NOK → -4 273 NOK. Equity -100.5k NOK → -104.8k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEL CAPITAL MANAGEMENT AS.

Scorecard

Operating result
-7 082 NOK -4 273 NOK
+39.7%
Net result
-7 085 NOK -4 273 NOK
+39.7%
Equity
-100.5k NOK -104.8k NOK
-4.3%
Cash
4 388 NOK 1 038 NOK
-76.3%
Total assets
5 426 NOK 2 076 NOK
-61.7%

What improved

  • ↑

    Operating result improved

    Operating result -7 082 NOK → -4 273 NOK. Calculated

  • ↑

    Net result improved

    Net result -7 085 NOK → -4 273 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -100.5k NOK → -104.8k NOK (equity ratio -1852.1% → -5046.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 388 NOK → 1 038 NOK (-76.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5046.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation