ABEL TECHNOLOGIES AS: årsregnskap 2021 vs 2020
Shrank 7% on revenue, weaker earnings, fresh owner capital
approved 2022-09-12; registry 2022-09-22; journal 2022 928812
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABEL TECHNOLOGIES AS. Revenue 872.5k NOK → 808.4k NOK (-7.3%). Net result -151.3k NOK → -2.42m NOK. Equity -48.7k NOK → 1.29m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -48.7k NOK → 1.29m NOK (equity ratio -24.5% → 136.0%). Calculated
-
↑
Cash rose
Bank deposits 175.3k NOK → 620.9k NOK (+254.1% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 54.5k NOK → 1.05m NOK (+1.00m NOK). Reported fact
-
↑
Payroll decreased
Salary cost 1.30m NOK → 1.17m NOK (149% → 144% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 872.5k NOK to 808.4k NOK (-7.3% YoY). Calculated
-
↓
Operating result weakened
Operating result -151.3k NOK → -2.21m NOK (op. margin -17.3% → -272.9%). Calculated
-
↓
Net result weakened
Net result -151.3k NOK → -2.42m NOK (net margin -17.3% → -299.0%). Calculated
-
↓
COGS moved
COGS / varekostnad 227.3k NOK → 888.8k NOK (+291.1% YoY). Calculated