ABES TRAFIKKSKOLE AS: årsregnskap 2021 vs 2020
Grew 13% on revenue, returned to profit
approved 2022-06-30; registry 2022-08-11; journal 2022 848692
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABES TRAFIKKSKOLE AS. Revenue 11.13m NOK → 12.62m NOK (+13.4%). Net result -203.3k NOK → +234.8k NOK. Equity 891.1k NOK → 126.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABES TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.13m NOK to 12.62m NOK (+13.4% YoY). Calculated
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↑
Operating result improved
Operating result -165.8k NOK → +423.4k NOK (op. margin -1.5% → 3.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 203.3k NOK to a profit of 234.8k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 891.1k NOK → 126.0k NOK (equity ratio 18.0% → 2.2%). Calculated
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↓
Cash fell
Bank deposits 1.66m NOK → 1.52m NOK (-8.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 6.25m NOK → 6.92m NOK (56% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 597.3k NOK → 720.0k NOK (+20.5% YoY). Calculated