Org.nr 989 069 209 2020 → 2021 Year-over-year analysis

ABELHUS AS: årsregnskap 2021 vs 2020

Shrank 5% on revenue

approved 2022-05-11; registry 2022-05-23; journal 2022 318545

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELHUS AS. Revenue 2.42m NOK → 2.29m NOK (-5.2%). Net result +911.4k NOK → +1.08m NOK. Equity 5.18m NOK → 1.36m NOK.

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

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

Scorecard

Revenue
2.42m NOK 2.29m NOK
-5.2%
Operating result
+1.93m NOK +1.44m NOK
-25.4%
Net result
+911.4k NOK +1.08m NOK
+18.4%
Equity
5.18m NOK 1.36m NOK
-73.7%
Cash
4.22m NOK 3.48m NOK
-17.6%
Total assets
6.37m NOK 6.74m NOK
+5.9%

What improved

  • ↑

    Net result improved

    Net result +911.4k NOK → +1.08m NOK (net margin 37.7% → 47.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.42m NOK to 2.29m NOK (-5.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.93m NOK → +1.44m NOK (op. margin 79.9% → 62.9%). Calculated

  • ↓

    Equity eroded

    Book equity 5.18m NOK → 1.36m NOK (equity ratio 81.4% → 20.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.22m NOK → 3.48m NOK (-17.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 24.99× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 308.9k NOK → 44.1k NOK. Reported fact