ABEL INSTITUTTET AS: årsregnskap 2021 vs 2020
Grew 213% on revenue, weaker earnings
approved 2022-06-30; registry 2022-07-25; journal 2022 777588
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABEL INSTITUTTET AS. Revenue 451.9k NOK → 1.41m NOK (+213.0%). Net result +20.5k NOK → +2 952 NOK. Equity 100.8k NOK → 103.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABEL INSTITUTTET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 451.9k NOK to 1.41m NOK (+213.0% YoY). Calculated
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↑
Equity strengthened
Book equity 100.8k NOK → 103.8k NOK (equity ratio 26.1% → 17.8%). Calculated
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↑
Cash rose
Bank deposits 17.6k NOK → 22.4k NOK (+27.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 403.9k NOK → 334.1k NOK (89% → 24% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +26.3k NOK → +5 391 NOK (op. margin 5.8% → 0.4%). Calculated
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↓
Net result weakened
Net result +20.5k NOK → +2 952 NOK (net margin 4.5% → 0.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 915.2k NOK → 16.6k NOK (-98.2% YoY). Calculated