FirmaIQ
Org.nr 917 666 040 2020 → 2021 Year-over-year analysis

ABN INVEST AS: årsregnskap 2021 vs 2020

Grew 382% on revenue, stronger earnings, cash halved-plus

approved 2022-06-29; registry 2022-07-06; journal 2022 580180

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABN INVEST AS. Revenue 6.10m NOK → 29.40m NOK (+381.6%). Net result +6.07m NOK → +29.23m NOK. Equity 30.25m NOK → 59.48m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABN INVEST AS.

At a glance

Scorecard

Revenue
6.10m NOK 29.40m NOK
+381.6%
Operating result
+6.07m NOK +29.37m NOK
+384.1%
Net result
+6.07m NOK +29.23m NOK
+381.5%
Equity
30.25m NOK 59.48m NOK
+96.6%
Cash
5.11m NOK 1.25m NOK
-75.5%
Total assets
30.31m NOK 61.21m NOK
+102.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.10m NOK to 29.40m NOK (+381.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6.07m NOK → +29.37m NOK (op. margin 99.4% → 99.9%). Calculated

  • ↑

    Net result improved

    Net result +6.07m NOK → +29.23m NOK (net margin 99.4% → 99.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 30.25m NOK → 59.48m NOK (equity ratio 99.8% → 97.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.11m NOK → 1.25m NOK (-75.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.11m NOK → 1.25m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 18.94m NOK → 24.90m NOK. Reported fact