FirmaIQ
Org.nr 924 821 558 2020 → 2021 Year-over-year analysis

ABELSEN & HIRTH EIENDOMSUTVIKLING AS: årsregnskap 2021 vs 2020

Shrank 2062% on revenue, slipped into loss, cash halved-plus

approved 2022-10-26; registry 2023-02-13; journal 2023 306091

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABELSEN & HIRTH EIENDOMSUTVIKLING AS. Revenue 1 227 NOK → -24.1k NOK (-2062.3%). Net result +728.7k NOK → -76.0k NOK. Equity 9.76m NOK → 682.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1 227 NOK -24.1k NOK
-2062.3%
Operating result
+1.02m NOK -78.7k NOK
-107.7%
Net result
+728.7k NOK -76.0k NOK
-110.4%
Equity
9.76m NOK 682.8k NOK
-93.0%
Cash
953.3k NOK 581 NOK
-99.9%
Total assets
998.8k NOK 714.6k NOK
-28.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1 227 NOK to -24.1k NOK (-2062.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.02m NOK → -78.7k NOK (op. margin 83425.3% → 326.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 728.7k NOK profit to a loss of 76.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.76m NOK → 682.8k NOK (equity ratio 977.0% → 95.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 953.3k NOK → 581 NOK (-99.9% YoY). Calculated