FirmaIQ
Org.nr 918 990 267 2020 → 2021 Year-over-year analysis

ABELNES HAVN OG LOGISTIKK AS: årsregnskap 2021 vs 2020

Shrank 54% on revenue, slipped into loss, cash halved-plus

approved 2022-08-11; registry 2022-09-10; journal 2022 921151

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABELNES HAVN OG LOGISTIKK AS. Revenue 3.21m NOK → 1.48m NOK (-53.9%). Net result +476.7k NOK → -780.7k NOK. Equity 2.80m NOK → 2.02m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABELNES HAVN OG LOGISTIKK AS.

At a glance

Scorecard

Revenue
3.21m NOK 1.48m NOK
-53.9%
Operating result
+560.0k NOK -830.3k NOK
-248.3%
Net result
+476.7k NOK -780.7k NOK
-263.8%
Equity
2.80m NOK 2.02m NOK
-27.9%
Cash
105.2k NOK 34.6k NOK
-67.1%
Total assets
4.00m NOK n/m
—

What improved

  • ↑

    Payroll decreased

    Salary cost 958.6k NOK → 661.2k NOK (30% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.21m NOK to 1.48m NOK (-53.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +560.0k NOK → -830.3k NOK (op. margin 17.5% → -56.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 476.7k NOK profit to a loss of 780.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.80m NOK → 2.02m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 105.2k NOK → 34.6k NOK (-67.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 87.5k NOK → 8 042 NOK (-90.8% YoY). Calculated