Org.nr 917 981 655 2020 → 2021 Year-over-year analysis

ABICON GRUPPEN AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus

approved 2022-05-23; registry 2022-06-14; journal 2022 410435

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABICON GRUPPEN AS. Revenue 0 NOK → 164.46m NOK. Net result +17.64m NOK → -10.1k NOK.

On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: fell into a net loss; cash fell.

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

Scorecard

Revenue
0 NOK 164.46m NOK
—
Operating result
-111.3k NOK -71.3k NOK
+36.0%
Net result
+17.64m NOK -10.1k NOK
-100.1%
Cash
925.9k NOK 192.6k NOK
-79.2%
Total assets
33.97m NOK 28.49m NOK
-16.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 164.46m NOK. Calculated

  • ↑

    Operating result improved

    Operating result -111.3k NOK → -71.3k NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.76× → 267.99×. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 17.64m NOK profit to a loss of 10.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 925.9k NOK → 192.6k NOK (-79.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 83.48m NOK → 81.83m NOK (-2.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 31.29m NOK → 27.55m NOK. Reported fact