ABNC AS: årsregnskap 2021 vs 2020
Grew 1362% on revenue
approved 2022-07-17; registry 2022-08-02; journal 2022 868958
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABNC AS. Revenue 12.3k NOK → 179.8k NOK (+1361.7%). Net result -223.9k NOK → -184.9k NOK. Equity -195.7k NOK → -380.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABNC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.3k NOK to 179.8k NOK (+1361.7% YoY). Calculated
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↑
Operating result improved
Operating result -223.9k NOK → -184.9k NOK (op. margin -1820.3% → -102.9%). Calculated
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↑
Net result improved
Net result -223.9k NOK → -184.9k NOK (net margin -1820.2% → -102.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -195.7k NOK → -380.7k NOK (equity ratio -201.9% → -1309.7%). Calculated
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↓
Cash fell
Bank deposits 84.9k NOK → 45.4k NOK (-46.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1309.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 5 NOK → 4.18m NOK (0% → 2327% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 971.4k NOK → 174.9k NOK (-82.0% YoY). Calculated