FirmaIQ
Org.nr 925 503 274 2020 → 2021 Year-over-year analysis

ABELSETH & CO AS: årsregnskap 2021 vs 2020

Grew 121% on revenue, stronger earnings

approved 2022-06-29; registry 2022-07-02; journal 2022 587676

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABELSETH & CO AS. Revenue 238.3k NOK → 526.7k NOK (+121.0%). Net result +187.1k NOK → +322.13m NOK. Equity 801.8k NOK → 123.9k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
238.3k NOK 526.7k NOK
+121.0%
Operating result
+233.0k NOK +413.0k NOK
+77.2%
Net result
+187.1k NOK +322.13m NOK
+172111.8%
Equity
801.8k NOK 123.9k NOK
-84.5%
Cash
241.5k NOK 612.5k NOK
+153.6%
Total assets
885.5k NOK 272.9k NOK
-69.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 238.3k NOK to 526.7k NOK (+121.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +233.0k NOK → +413.0k NOK (op. margin 97.8% → 78.4%). Calculated

  • ↑

    Net result improved

    Net result +187.1k NOK → +322.13m NOK (net margin 78.5% → 61165.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 241.5k NOK → 612.5k NOK (+153.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 801.8k NOK → 123.9k NOK (equity ratio 90.5% → 45.4%). Calculated