Org.nr 925 130 656 2020 → 2021 Year-over-year analysis

ABISCO AS: årsregnskap 2021 vs 2020

Grew 434089% on revenue, returned to profit, fresh owner capital

approved 2022-06-22; registry 2022-06-29; journal 2022 528750

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABISCO AS. Revenue 2 202 NOK → 9.56m NOK (+434089.1%). Net result -2 630 NOK → +2.50m NOK. Equity 48.47m NOK → 50.97m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.

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

Scorecard

Revenue
2 202 NOK 9.56m NOK
+434089.1%
Operating result
-35.8k NOK -1.06m NOK
-2872.4%
Net result
-2 630 NOK +2.50m NOK
+95312.1%
Equity
48.47m NOK 50.97m NOK
+5.2%
Cash
13.1k NOK 3.44m NOK
+26110.2%
Total assets
65.56m NOK 64.05m NOK
-2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 202 NOK to 9.56m NOK (+434089.1% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2 630 NOK to a profit of 2.50m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 48.47m NOK → 50.97m NOK (equity ratio 73.9% → 79.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.1k NOK → 3.44m NOK (+26110.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 48.5k NOK → 48.47m NOK (+48.42m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -35.8k NOK → -1.06m NOK (op. margin -1624.6% → -11.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8 269 NOK → 11.82m NOK. Reported fact