Org.nr 961 095 026 2020 → 2021 Year-over-year analysis

ABG SUNDAL COLLIER HOLDING ASA: årsregnskap 2021 vs 2020

Grew 51% on revenue, stronger earnings

approved 2022-04-26; registry 2022-05-28; journal 2022 272476

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABG SUNDAL COLLIER HOLDING ASA. Revenue 1.93bn NOK → 2.91bn NOK (+51.1%). Net result +372.3k NOK → +770.7k NOK. Equity 188.96m NOK → 523.9k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABG SUNDAL COLLIER HOLDING ASA.

Scorecard

Revenue
1.93bn NOK 2.91bn NOK
+51.1%
Operating result
-4.97m NOK -5.07m NOK
-1.8%
Net result
+372.3k NOK +770.7k NOK
+107.0%
Equity
188.96m NOK 523.9k NOK
-99.7%
Cash
0 NOK 1 013 NOK
—
Total assets
1.23m NOK 1.81bn NOK
+147259.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.93bn NOK to 2.91bn NOK (+51.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +372.3k NOK → +770.7k NOK (net margin 0.0% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 0 NOK → 1 013 NOK (None YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.75m NOK → 2.49m NOK (0% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4.97m NOK → -5.07m NOK (op. margin -0.3% → -0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 188.96m NOK → 523.9k NOK (equity ratio 15388.6% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 113.06m NOK → 114.8k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 686.9k NOK → 825.7k NOK. Reported fact