Org.nr 921 710 704 2020 → 2021 Year-over-year analysis

ABOVE AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus, fresh owner capital

approved 2022-05-31; registry 2022-08-01; journal 2022 842295

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABOVE AS. Revenue 0 NOK → 31.5k NOK. Net result +2.34m NOK → -4 231 NOK. Equity 2.39m NOK → 2.38m NOK.

On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABOVE AS.

Scorecard

Revenue
0 NOK 31.5k NOK
—
Operating result
-146.6k NOK +20.0k NOK
+113.6%
Net result
+2.34m NOK -4 231 NOK
-100.2%
Equity
2.39m NOK 2.38m NOK
-0.2%
Cash
123.7k NOK 54.5k NOK
-56.0%
Total assets
749.1k NOK 2.69m NOK
+259.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 31.5k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -146.6k NOK → +20.0k NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 2.34m NOK profit to a loss of 4 231 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.39m NOK → 2.38m NOK (equity ratio 318.8% → 88.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 123.7k NOK → 54.5k NOK (-56.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 625.4k NOK → 2.64m NOK. Reported fact