Org.nr 916 824 963 2020 → 2021 Year-over-year analysis

ABOTNES AS: årsregnskap 2021 vs 2020

Grew 13300% on revenue, returned to profit

approved 2022-03-06; registry 2022-04-05; journal 2022 187034

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABOTNES AS. Revenue 12.0k NOK → 1.61m NOK (+13299.6%). Net result -254.4k NOK → +689.5k NOK. Equity 4.07m NOK → 4.76m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABOTNES AS.

Scorecard

Revenue
12.0k NOK 1.61m NOK
+13299.6%
Operating result
-253.1k NOK +581.1k NOK
+329.6%
Net result
-254.4k NOK +689.5k NOK
+371.0%
Equity
4.07m NOK 4.76m NOK
+16.9%
Cash
2.37m NOK 3.09m NOK
+30.4%
Total assets
4.09m NOK 5.10m NOK
+24.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.0k NOK to 1.61m NOK (+13299.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -253.1k NOK → +581.1k NOK (op. margin -2109.4% → 36.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 254.4k NOK to a profit of 689.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.07m NOK → 4.76m NOK (equity ratio 99.5% → 93.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.37m NOK → 3.09m NOK (+30.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.8k NOK → 1.75m NOK (90% → 109% of revenue). Calculated