Org.nr 924 359 463 2020 → 2021 Year-over-year analysis

ABENDUM AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-03-15; registry 2022-06-21; journal 2022 487666

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABENDUM AS. Revenue 0 NOK → 92.9k NOK. Net result -244.0k NOK → -620.0k NOK. Equity -219.6k NOK → -839.6k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK 92.9k NOK
—
Operating result
-240.7k NOK -576.9k NOK
-139.7%
Net result
-244.0k NOK -620.0k NOK
-154.1%
Equity
-219.6k NOK -839.6k NOK
-282.4%
Cash
37.0k NOK 147.6k NOK
+299.2%
Total assets
156.6k NOK 378.4k NOK
+141.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 92.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 37.0k NOK → 147.6k NOK (+299.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 2.03×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -240.7k NOK → -576.9k NOK. Calculated

  • ↓

    Net result weakened

    Net result -244.0k NOK → -620.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -219.6k NOK → -839.6k NOK (equity ratio -140.2% → -221.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -221.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.5 → 2. Reported fact