Org.nr 922 348 081 2020 → 2021 Year-over-year analysis

ABEVENTS AS: årsregnskap 2021 vs 2020

Shrank 67% on revenue, returned to profit

approved 2022-06-30; registry 2022-08-10; journal 2022 887963

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABEVENTS AS. Revenue 1.03m NOK → 338.0k NOK (-67.1%). Net result -257.1k NOK → +123.7k NOK. Equity -244.1k NOK → 12.5k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABEVENTS AS.

Scorecard

Revenue
1.03m NOK 338.0k NOK
-67.1%
Operating result
-235.4k NOK +81.3k NOK
+134.5%
Net result
-257.1k NOK +123.7k NOK
+148.1%
Equity
-244.1k NOK 12.5k NOK
+105.1%
Cash
7 568 NOK 3 844 NOK
-49.2%
Total assets
802.7k NOK 812.1k NOK
+1.2%

What improved

  • ↑

    Operating result improved

    Operating result -235.4k NOK → +81.3k NOK (op. margin -22.9% → 24.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 257.1k NOK to a profit of 123.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -244.1k NOK → 12.5k NOK (equity ratio -30.4% → 1.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.03m NOK to 338.0k NOK (-67.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 7 568 NOK → 3 844 NOK (-49.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 7 504 NOK (0% → 2% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 0. Reported fact