Org.nr 942 988 419 2020 → 2021 Year-over-year analysis

ABICON AS: årsregnskap 2021 vs 2020

Grew 50% on revenue, stronger earnings

approved 2022-08-25; registry 2022-09-01; journal 2022 912161

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABICON AS. Revenue 616.8k NOK → 924.2k NOK (+49.8%). Net result +140.9k NOK → +290.9k NOK. Equity 4.42m NOK → 4.71m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
616.8k NOK 924.2k NOK
+49.8%
Operating result
+210.5k NOK +394.9k NOK
+87.6%
Net result
+140.9k NOK +290.9k NOK
+106.4%
Equity
4.42m NOK 4.71m NOK
+6.6%
Cash
n/m 137.8k NOK
—
Total assets
4.99m NOK 5.16m NOK
+3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 616.8k NOK to 924.2k NOK (+49.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +210.5k NOK → +394.9k NOK (op. margin 34.1% → 42.7%). Calculated

  • ↑

    Net result improved

    Net result +140.9k NOK → +290.9k NOK (net margin 22.8% → 31.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.42m NOK → 4.71m NOK (equity ratio 88.7% → 91.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 362.6k NOK → 296.3k NOK. Reported fact