ABLEMAGIC AS: årsregnskap 2021 vs 2020
Grew 53% on revenue, slipped into loss
approved 2022-07-13; registry 2022-08-06; journal 2022 807046
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABLEMAGIC AS. Revenue 6.46m NOK → 9.88m NOK (+53.0%). Net result +591.1k NOK → -527.0k NOK. Equity 3.23m NOK → 2.70m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABLEMAGIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.46m NOK to 9.88m NOK (+53.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +2.05m NOK → -781.3k NOK (op. margin 31.7% → -7.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 591.1k NOK profit to a loss of 527.0k NOK. Calculated
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↓
Equity eroded
Book equity 3.23m NOK → 2.70m NOK (equity ratio 73.3% → 56.3%). Calculated
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↓
Cash fell
Bank deposits 660.3k NOK → 538.4k NOK (-18.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.36m NOK → 5.19m NOK (36% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 87.0k NOK → 188.7k NOK (+116.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 392.5k NOK → 182.5k NOK. Reported fact