ABLECENTER VISIOSALES AS: årsregnskap 2021 vs 2020
Shrank 23% on revenue, returned to profit, cash halved-plus
approved 2022-06-28; registry 2022-07-06; journal 2022 580070
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABLECENTER VISIOSALES AS. Revenue 439.3k NOK → 337.2k NOK (-23.2%). Net result -34.8k NOK → +9 635 NOK. Equity 3 791 NOK → 13.4k NOK.
On the constructive side: turned profitable; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABLECENTER VISIOSALES AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 34.8k NOK to a profit of 9 635 NOK. Calculated
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↑
Equity strengthened
Book equity 3 791 NOK → 13.4k NOK (equity ratio 2.4% → 6.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.98× → 1.05×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 439.3k NOK to 337.2k NOK (-23.2% YoY). Calculated
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↓
Operating result weakened
Operating result +27.2k NOK → +5 721 NOK (op. margin 6.2% → 1.7%). Calculated
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↓
Cash fell
Bank deposits 115.3k NOK → 40.1k NOK (-65.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 366.8k NOK → 294.6k NOK (-19.7% YoY). Calculated