Org.nr 984 907 540 2020 → 2021 Year-over-year analysis

ABELS GATE AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-04-21; registry 2022-05-11; journal 2022 219474

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELS GATE AS. Revenue 778.8k NOK → 773.4k NOK (-0.7%). Net result +174.5k NOK → +214.6k NOK. Equity 6.44m NOK → 655.1k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
778.8k NOK 773.4k NOK
-0.7%
Operating result
+288.8k NOK +369.3k NOK
+27.9%
Net result
+174.5k NOK +214.6k NOK
+23.0%
Equity
6.44m NOK 655.1k NOK
-89.8%
Cash
586.5k NOK 611.2k NOK
+4.2%
Total assets
3.36m NOK 3.31m NOK
-1.7%

What improved

  • ↑

    Operating result improved

    Operating result +288.8k NOK → +369.3k NOK (op. margin 37.1% → 47.7%). Calculated

  • ↑

    Net result improved

    Net result +174.5k NOK → +214.6k NOK (net margin 22.4% → 27.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 586.5k NOK → 611.2k NOK (+4.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 778.8k NOK to 773.4k NOK (-0.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.44m NOK → 655.1k NOK (equity ratio 191.6% → 19.8%). Calculated