ABILITY INVESTMENT & VENTURE AS: årsregnskap 2021 vs 2020
Grew 173% on revenue, returned to profit, cash halved-plus
approved 2022-06-30; registry 2022-08-02; journal 2022 872280
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABILITY INVESTMENT & VENTURE AS. Revenue 294.3k NOK → 803.6k NOK (+173.1%). Net result -671.9k NOK → +345.0k NOK. Equity 6.74m NOK → 7.08m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABILITY INVESTMENT & VENTURE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 294.3k NOK to 803.6k NOK (+173.1% YoY). Calculated
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Operating result improved
Operating result -110.4k NOK → +346.1k NOK (op. margin -37.5% → 43.1%). Calculated
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Turned profitable
Net result flipped from a loss of 671.9k NOK to a profit of 345.0k NOK. Calculated
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↑
Equity strengthened
Book equity 6.74m NOK → 7.08m NOK (equity ratio 96.7% → 95.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 110.1k NOK → 15.5k NOK (-85.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 55.2k NOK → 1.12m NOK (19% → 139% of revenue). Calculated