FirmaIQ
Org.nr 964 042 721 2020 → 2021 Year-over-year analysis

ABEL EIENDOMSFORVALTNING AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue, slipped into loss

approved 2022-06-30; registry 2022-08-02; journal 2022 765990

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABEL EIENDOMSFORVALTNING AS. Revenue 9.10m NOK → 8.50m NOK (-6.6%). Net result +240.3k NOK → -407.2k NOK. Equity 3.44m NOK → 3.04m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
9.10m NOK 8.50m NOK
-6.6%
Operating result
+333.4k NOK -438.4k NOK
-231.5%
Net result
+240.3k NOK -407.2k NOK
-269.5%
Equity
3.44m NOK 3.04m NOK
-11.8%
Cash
1.24m NOK 2.21m NOK
+78.7%
Total assets
15.19m NOK 16.95m NOK
+11.6%

What improved

  • ↑

    Cash rose

    Bank deposits 1.24m NOK → 2.21m NOK (+78.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.15m NOK → 6.14m NOK (68% → 72% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.10m NOK to 8.50m NOK (-6.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +333.4k NOK → -438.4k NOK (op. margin 3.7% → -5.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 240.3k NOK profit to a loss of 407.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.44m NOK → 3.04m NOK (equity ratio 22.7% → 17.9%). Calculated