ABONA AS: årsregnskap 2021 vs 2020
Grew 42% on revenue, stronger earnings, cash halved-plus
approved 2022-01-28; registry 2022-03-16; journal 2022 148974
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABONA AS. Revenue 3.69m NOK → 5.25m NOK (+42.2%). Net result -563.5k NOK → -315.8k NOK. Equity -394.7k NOK → -702.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABONA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.69m NOK to 5.25m NOK (+42.2% YoY). Calculated
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Operating result improved
Operating result -572.5k NOK → -292.5k NOK (op. margin -15.5% → -5.6%). Calculated
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Net result improved
Net result -563.5k NOK → -315.8k NOK (net margin -15.3% → -6.0%). Calculated
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Owners injected capital
Paid-in equity rose 30.0k NOK → 38.0k NOK (+8 000 NOK). Reported fact
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Payroll decreased
Salary cost 360.7k NOK → 84.2k NOK (10% → 2% of revenue). Calculated
What deteriorated
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Equity eroded
Book equity -394.7k NOK → -702.6k NOK (equity ratio -51.5% → -140.0%). Calculated
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Cash fell
Bank deposits 102.4k NOK → 16.0k NOK (-84.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.15× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -140.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 3.04m NOK → 4.60m NOK (+51.5% YoY). Calculated