Org.nr 984 941 293 2020 → 2021 Year-over-year analysis

ABELCO AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-02; journal 2022 864704

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELCO AS. Revenue 257.0k NOK → 369 NOK (-99.9%). Net result +33.2k NOK → +66.2k NOK. Equity 1.49m NOK → 1.55m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
257.0k NOK 369 NOK
-99.9%
Operating result
+67.3k NOK +102.0k NOK
+51.6%
Net result
+33.2k NOK +66.2k NOK
+99.3%
Equity
1.49m NOK 1.55m NOK
+4.5%
Cash
59.2k NOK 36.0k NOK
-39.2%
Total assets
2.37m NOK 2.30m NOK
-3.2%

What improved

  • ↑

    Operating result improved

    Operating result +67.3k NOK → +102.0k NOK (op. margin 26.2% → 27639.8%). Calculated

  • ↑

    Net result improved

    Net result +33.2k NOK → +66.2k NOK (net margin 12.9% → 17952.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.49m NOK → 1.55m NOK (equity ratio 62.7% → 67.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 257.0k NOK to 369 NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 59.2k NOK → 36.0k NOK (-39.2% YoY). Calculated