Org.nr 998 750 520 2020 → 2021 Year-over-year analysis

ABELS GATE 22 AS: årsregnskap 2021 vs 2020

Grew 809% on revenue, stronger earnings

approved 2022-01-04; registry 2022-01-13; journal 2022 106625

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELS GATE 22 AS. Revenue 50.0k NOK → 454.7k NOK (+809.4%). Net result +302 NOK → +44.2k NOK. Equity -882.7k NOK → -838.5k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
50.0k NOK 454.7k NOK
+809.4%
Operating result
+50.0k NOK +422.3k NOK
+744.5%
Net result
+302 NOK +44.2k NOK
+14521.5%
Equity
-882.7k NOK -838.5k NOK
+5.0%
Cash
82.6k NOK 46.4k NOK
-43.8%
Total assets
2.58m NOK 9.63m NOK
+273.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.0k NOK to 454.7k NOK (+809.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +50.0k NOK → +422.3k NOK (op. margin 100.0% → 92.9%). Calculated

  • ↑

    Net result improved

    Net result +302 NOK → +44.2k NOK (net margin 0.6% → 9.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -882.7k NOK → -838.5k NOK (equity ratio -34.2% → -8.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.96× → 25.34×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 82.6k NOK → 46.4k NOK (-43.8% YoY). Calculated