Org.nr 992 053 461 2020 → 2021 Year-over-year analysis

ABEL MEYERSGATE 3 AS: årsregnskap 2021 vs 2020

Shrank 10% on revenue, stronger earnings

registry 2022-07-23; journal 2022 766882

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABEL MEYERSGATE 3 AS. Revenue 578.7k NOK → 519.5k NOK (-10.2%). Net result +124.5k NOK → +210.9k NOK. Equity 408.6k NOK → 619.6k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
578.7k NOK 519.5k NOK
-10.2%
Operating result
+190.1k NOK +292.0k NOK
+53.6%
Net result
+124.5k NOK +210.9k NOK
+69.4%
Equity
408.6k NOK 619.6k NOK
+51.6%
Cash
170.7k NOK 264.5k NOK
+55.0%
Total assets
3.57m NOK 3.72m NOK
+4.3%

What improved

  • ↑

    Operating result improved

    Operating result +190.1k NOK → +292.0k NOK (op. margin 32.9% → 56.2%). Calculated

  • ↑

    Net result improved

    Net result +124.5k NOK → +210.9k NOK (net margin 21.5% → 40.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 408.6k NOK → 619.6k NOK (equity ratio 11.4% → 16.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 170.7k NOK → 264.5k NOK (+55.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 578.7k NOK to 519.5k NOK (-10.2% YoY). Calculated