FirmaIQ
Org.nr 921 059 442 2020 → 2021 Year-over-year analysis

ABG BUSINESS MANAGEMENT AS: årsregnskap 2021 vs 2020

Grew 40% on revenue, stronger earnings

approved 2022-06-30; registry 2022-07-18; journal 2022 659010

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABG BUSINESS MANAGEMENT AS. Revenue 6.00m NOK → 8.38m NOK (+39.5%). Net result +181.8k NOK → +759.7k NOK. Equity 362.5k NOK → 447.2k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABG BUSINESS MANAGEMENT AS.

At a glance

Scorecard

Revenue
6.00m NOK 8.38m NOK
+39.5%
Operating result
+2.75m NOK +1.01m NOK
-63.5%
Net result
+181.8k NOK +759.7k NOK
+317.8%
Equity
362.5k NOK 447.2k NOK
+23.4%
Cash
4.30m NOK 4.57m NOK
+6.4%
Total assets
4.68m NOK 5.62m NOK
+20.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.00m NOK to 8.38m NOK (+39.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +181.8k NOK → +759.7k NOK (net margin 3.0% → 9.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 362.5k NOK → 447.2k NOK (equity ratio 7.8% → 8.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.30m NOK → 4.57m NOK (+6.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.75m NOK → +1.01m NOK (op. margin 45.9% → 12.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.73m NOK → 5.50m NOK (45% → 66% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2.3 → 4. Reported fact