Org.nr 959 651 094 2020 → 2021 Year-over-year analysis

ABK-QVILLER AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, stronger earnings

registry 2022-08-10; journal 2022 829369

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABK-QVILLER AS. Revenue 506.07m NOK → 631.5k NOK (-99.9%). Net result +14.63m NOK → +42.64m NOK. Equity 138.6k NOK → 158.2k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
506.07m NOK 631.5k NOK
-99.9%
Operating result
+21.35m NOK +55.83m NOK
+161.5%
Net result
+14.63m NOK +42.64m NOK
+191.5%
Equity
138.6k NOK 158.2k NOK
+14.2%
Cash
32.94m NOK 61.94m NOK
+88.0%
Total assets
248.45m NOK 305.1k NOK
-99.9%

What improved

  • ↑

    Operating result improved

    Operating result +21.35m NOK → +55.83m NOK (op. margin 4.2% → 8840.6%). Calculated

  • ↑

    Net result improved

    Net result +14.63m NOK → +42.64m NOK (net margin 2.9% → 6751.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 138.6k NOK → 158.2k NOK (equity ratio 0.1% → 51.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 32.94m NOK → 61.94m NOK (+88.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 506.07m NOK to 631.5k NOK (-99.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9 NOK → 9.10bn NOK (0% → 1441275% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 11.31m NOK → 11.39m NOK (+0.7% YoY). Calculated