Org.nr 987 030 569 2020 → 2021 Year-over-year analysis

ABELSNES INVEST AS: årsregnskap 2021 vs 2020

Weaker earnings

registry 2022-06-25; journal 2022 513327

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABELSNES INVEST AS. Net result -75.7k NOK → -138.9k NOK. Equity -286.2k NOK → -425.1k NOK.

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

Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABELSNES INVEST AS.

Scorecard

Revenue
60.0k NOK n/m
—
Operating result
-149.7k NOK -130.7k NOK
+12.7%
Net result
-75.7k NOK -138.9k NOK
-83.4%
Equity
-286.2k NOK -425.1k NOK
-48.5%
Cash
36.7k NOK 22.7k NOK
-38.3%
Total assets
1.63m NOK 1.60m NOK
-1.5%

What improved

  • ↑

    Operating result improved

    Operating result -149.7k NOK → -130.7k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -75.7k NOK → -138.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -286.2k NOK → -425.1k NOK (equity ratio -17.6% → -26.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.7k NOK → 22.7k NOK (-38.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -26.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 217.9k NOK → 1.22m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.1 → 0. Reported fact