Org.nr 892 098 832 2020 → 2021 Year-over-year analysis

ABELON GROUP AS: årsregnskap 2021 vs 2020

Shrank 92% on revenue, slipped into loss, fresh owner capital

approved 2022-06-23; registry 2022-06-30; journal 2022 544337

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELON GROUP AS. Revenue 5.43m NOK → 437.3k NOK (-91.9%). Net result +105.6k NOK → -100.5k NOK. Equity 1.72m NOK → 2.82m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABELON GROUP AS.

Scorecard

Revenue
5.43m NOK 437.3k NOK
-91.9%
Operating result
+236.1k NOK -127.7k NOK
-154.1%
Net result
+105.6k NOK -100.5k NOK
-195.2%
Equity
1.72m NOK 2.82m NOK
+63.8%
Cash
275.7k NOK 408.1k NOK
+48.0%
Total assets
2.62m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 1.72m NOK → 2.82m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 275.7k NOK → 408.1k NOK (+48.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 318.8k NOK → 818.8k NOK (+500.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 2.83m NOK → -19.0k NOK (52% → -4% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.43m NOK to 437.3k NOK (-91.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +236.1k NOK → -127.7k NOK (op. margin 4.3% → -29.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 105.6k NOK profit to a loss of 100.5k NOK. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact