Org.nr 998 528 062 2020 → 2021 Year-over-year analysis

ABELONE.NO AS: årsregnskap 2021 vs 2020

Shrank 15% on revenue, weaker earnings

approved 2022-07-02; registry 2022-07-07; journal 2022 645364

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELONE.NO AS. Revenue 675.1k NOK → 576.2k NOK (-14.6%). Net result +189.1k NOK → +17.7k NOK. Equity 0 NOK → 5 833 NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABELONE.NO AS.

Scorecard

Revenue
675.1k NOK 576.2k NOK
-14.6%
Operating result
+188.6k NOK +18.1k NOK
-90.4%
Net result
+189.1k NOK +17.7k NOK
-90.6%
Equity
0 NOK 5 833 NOK
—
Cash
13.6k NOK 44.1k NOK
+223.5%
Total assets
279.0k NOK 274.0k NOK
-1.8%

What improved

  • ↑

    Equity strengthened

    Book equity 0 NOK → 5 833 NOK (equity ratio 0.0% → 2.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.6k NOK → 44.1k NOK (+223.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 675.1k NOK to 576.2k NOK (-14.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +188.6k NOK → +18.1k NOK (op. margin 27.9% → 3.1%). Calculated

  • ↓

    Net result weakened

    Net result +189.1k NOK → +17.7k NOK (net margin 28.0% → 3.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 3.16m NOK (0% → 548% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 108.9k NOK → 78.5k NOK (-27.9% YoY). Calculated