ABO BYGG AS: årsregnskap 2021 vs 2020
Shrank 11% on revenue, weaker earnings
approved 2022-06-30; registry 2022-08-10; journal 2022 831309
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABO BYGG AS. Revenue 10.75m NOK → 9.52m NOK (-11.4%). Net result -209.5k NOK → -963.0k NOK. Equity 11.62m NOK → -338.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABO BYGG AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 10.75m NOK to 9.52m NOK (-11.4% YoY). Calculated
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↓
Operating result weakened
Operating result -218.4k NOK → -963.3k NOK (op. margin -2.0% → -10.1%). Calculated
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↓
Net result weakened
Net result -209.5k NOK → -963.0k NOK (net margin -1.9% → -10.1%). Calculated
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↓
Equity eroded
Book equity 11.62m NOK → -338.2k NOK (equity ratio 190.2% → -5.6%). Calculated
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↓
Cash fell
Bank deposits 2.30m NOK → 1.21m NOK (-47.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 481.0k NOK → 145.1k NOK (-69.8% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 11 → 0. Reported fact