Org.nr 913 169 190 2020 → 2021 Year-over-year analysis

ABENHULT AS: årsregnskap 2021 vs 2020

Grew 39% on revenue, stronger earnings

approved 2022-02-07; registry 2022-03-28; journal 2022 172591

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABENHULT AS. Revenue 580.3k NOK → 805.0k NOK (+38.7%). Net result +1 382 NOK → +2.76m NOK. Equity 9.56m NOK → 8.32m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABENHULT AS.

Scorecard

Revenue
580.3k NOK 805.0k NOK
+38.7%
Operating result
-612.0k NOK +181.7k NOK
+129.7%
Net result
+1 382 NOK +2.76m NOK
+199824.5%
Equity
9.56m NOK 8.32m NOK
-12.9%
Cash
1.49m NOK 2.09m NOK
+39.7%
Total assets
9.73m NOK 10.60m NOK
+9.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 580.3k NOK to 805.0k NOK (+38.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -612.0k NOK → +181.7k NOK (op. margin -105.5% → 22.6%). Calculated

  • ↑

    Net result improved

    Net result +1 382 NOK → +2.76m NOK (net margin 0.2% → 343.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.49m NOK → 2.09m NOK (+39.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.56m NOK → 8.32m NOK (equity ratio 98.3% → 78.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 8.81× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 204.8k NOK → 1.24m NOK. Reported fact