Org.nr 915 514 219 2020 → 2021 Year-over-year analysis

ABELI ENERGI AS: årsregnskap 2021 vs 2020

Grew 118% on revenue, stronger earnings

approved 2022-02-12; registry 2022-05-19; journal 2022 237025

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELI ENERGI AS. Revenue 354.4k NOK → 771.7k NOK (+117.7%). Net result +89.7k NOK → +583.1k NOK. Equity 839.7k NOK → 1.42m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABELI ENERGI AS.

Scorecard

Revenue
354.4k NOK 771.7k NOK
+117.7%
Operating result
+115.0k NOK +747.7k NOK
+550.1%
Net result
+89.7k NOK +583.1k NOK
+549.8%
Equity
839.7k NOK 1.42m NOK
+69.4%
Cash
126.6k NOK 150.5k NOK
+18.9%
Total assets
79.8k NOK 2.01m NOK
+2416.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 354.4k NOK to 771.7k NOK (+117.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +115.0k NOK → +747.7k NOK (op. margin 32.4% → 96.9%). Calculated

  • ↑

    Net result improved

    Net result +89.7k NOK → +583.1k NOK (net margin 25.3% → 75.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 839.7k NOK → 1.42m NOK (equity ratio 1052.8% → 70.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 126.6k NOK → 150.5k NOK (+18.9% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.15× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6 148 NOK → 850.0k NOK (2% → 110% of revenue). Calculated