Org.nr 889 916 362 2020 → 2021 Year-over-year analysis

ABIDE AS: årsregnskap 2021 vs 2020

Shrank 59% on revenue, stronger earnings

registry 2022-05-28; journal 2022 348204

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABIDE AS. Revenue 211.1k NOK → 86.2k NOK (-59.1%). Net result +479.7k NOK → +852.1k NOK. Equity 5.43m NOK → 5.48m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
211.1k NOK 86.2k NOK
-59.1%
Operating result
+191.5k NOK +69.1k NOK
-63.9%
Net result
+479.7k NOK +852.1k NOK
+77.6%
Equity
5.43m NOK 5.48m NOK
+1.0%
Cash
2.30m NOK 6.70m NOK
+191.6%
Total assets
5.48m NOK 6.70m NOK
+22.3%

What improved

  • ↑

    Net result improved

    Net result +479.7k NOK → +852.1k NOK (net margin 227.2% → 988.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.43m NOK → 5.48m NOK (equity ratio 99.1% → 81.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.30m NOK → 6.70m NOK (+191.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 211.1k NOK to 86.2k NOK (-59.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +191.5k NOK → +69.1k NOK (op. margin 90.7% → 80.2%). Calculated