Org.nr 918 172 327 2020 → 2021 Year-over-year analysis

ABLY PRODUCTION AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-04-04; registry 2022-07-11; journal 2022 670487

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABLY PRODUCTION AS. Net result -7 353 NOK → -1 802 NOK. Equity -15.1k NOK → -16.9k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABLY PRODUCTION AS.

Scorecard

Operating result
-7 360 NOK -1 802 NOK
+75.5%
Net result
-7 353 NOK -1 802 NOK
+75.5%
Equity
-15.1k NOK -16.9k NOK
-11.9%
Cash
5 237 NOK 3 435 NOK
-34.4%
Total assets
5 237 NOK 3 435 NOK
-34.4%

What improved

  • ↑

    Operating result improved

    Operating result -7 360 NOK → -1 802 NOK. Calculated

  • ↑

    Net result improved

    Net result -7 353 NOK → -1 802 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -15.1k NOK → -16.9k NOK (equity ratio -288.1% → -491.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 237 NOK → 3 435 NOK (-34.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -491.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation