ABEL HEALTH AS: årsregnskap 2021 vs 2020
Grew 26% on revenue, weaker earnings
approved 2022-06-30; registry 2022-08-11; journal 2022 843917
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABEL HEALTH AS. Revenue 5.88m NOK → 7.40m NOK (+25.8%). Net result +126.4k NOK → +99.9k NOK. Equity 561.9k NOK → 661.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABEL HEALTH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.88m NOK to 7.40m NOK (+25.8% YoY). Calculated
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↑
Equity strengthened
Book equity 561.9k NOK → 661.8k NOK (equity ratio 20.1% → 20.9%). Calculated
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↑
Cash rose
Bank deposits 1 043 NOK → 1.64m NOK (+156980.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +161.9k NOK → +159.6k NOK (op. margin 2.8% → 2.2%). Calculated
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↓
Net result weakened
Net result +126.4k NOK → +99.9k NOK (net margin 2.1% → 1.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.39m NOK → 2.89m NOK (41% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.68m NOK → 5.35m NOK (+219.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 012 NOK → 1.06m NOK. Reported fact