FirmaIQ
Org.nr 925 102 423 2020 → 2021 Year-over-year analysis

ABEL FINANS AS: årsregnskap 2021 vs 2020

Grew 7% on revenue, stronger earnings

approved 2022-04-28; registry 2022-05-25; journal 2022 270878

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABEL FINANS AS. Revenue 741.9k NOK → 791.6k NOK (+6.7%). Net result +329.8k NOK → +456.3k NOK. Equity 2.06m NOK → 2.52m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEL FINANS AS.

At a glance

Scorecard

Revenue
741.9k NOK 791.6k NOK
+6.7%
Operating result
+451.0k NOK +593.1k NOK
+31.5%
Net result
+329.8k NOK +456.3k NOK
+38.4%
Equity
2.06m NOK 2.52m NOK
+22.1%
Cash
151.5k NOK 617.3k NOK
+307.4%
Total assets
2.54m NOK 2.68m NOK
+5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 741.9k NOK to 791.6k NOK (+6.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +451.0k NOK → +593.1k NOK (op. margin 60.8% → 74.9%). Calculated

  • ↑

    Net result improved

    Net result +329.8k NOK → +456.3k NOK (net margin 44.4% → 57.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.06m NOK → 2.52m NOK (equity ratio 81.2% → 94.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 151.5k NOK → 617.3k NOK (+307.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 774.5k NOK → 1.52m NOK. Reported fact