ABM SALG AS: årsregnskap 2021 vs 2020
Grew 16% on revenue, returned to profit, cash halved-plus
approved 2022-02-16; registry 2022-02-28; journal 2022 125320
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABM SALG AS. Revenue 12.03m NOK → 13.90m NOK (+15.5%). Net result -733.4k NOK → +663.1k NOK. Equity 696.2k NOK → 859.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABM SALG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 12.03m NOK to 13.90m NOK (+15.5% YoY). Calculated
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Operating result improved
Operating result -633.8k NOK → +210.1k NOK (op. margin -5.3% → 1.5%). Calculated
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Turned profitable
Net result flipped from a loss of 733.4k NOK to a profit of 663.1k NOK. Calculated
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Equity strengthened
Book equity 696.2k NOK → 859.3k NOK (equity ratio 9.1% → 12.1%). Calculated
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Current ratio back above 1×
Current ratio 0.99× → 1.37×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 57.4k NOK → 22.1k NOK (-61.5% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 7.96m NOK → 8.82m NOK (+10.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 490.0k NOK → 20.2k NOK. Reported fact