Org.nr 919 604 662 2020 → 2021 Year-over-year analysis

ABELEE AS: årsregnskap 2021 vs 2020

Shrank 1204% on revenue, weaker earnings, fresh owner capital

approved 2022-03-24; registry 2022-04-19; journal 2022 183446

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELEE AS. Revenue 390.3k NOK → -4.31m NOK (-1203.5%). Net result -54.87m NOK → -70.39m NOK. Equity 119.36m NOK → 284.21m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELEE AS.

Scorecard

Revenue
390.3k NOK -4.31m NOK
-1203.5%
Operating result
-54.58m NOK -71.10m NOK
-30.3%
Net result
-54.87m NOK -70.39m NOK
-28.3%
Equity
119.36m NOK 284.21m NOK
+138.1%
Cash
97.73m NOK 209.33m NOK
+114.2%
Total assets
131.30m NOK 299.45m NOK
+128.1%

What improved

  • ↑

    Equity strengthened

    Book equity 119.36m NOK → 284.21m NOK (equity ratio 90.9% → 94.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 97.73m NOK → 209.33m NOK (+114.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 232.19m NOK → 467.43m NOK (+235.24m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 390.3k NOK to -4.31m NOK (-1203.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -54.58m NOK → -71.10m NOK (op. margin -13982.5% → 1650.6%). Calculated

  • ↓

    Net result weakened

    Net result -54.87m NOK → -70.39m NOK (net margin -14057.2% → 1634.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.80m NOK → 2.63m NOK. Reported fact