ABOVO AS: årsregnskap 2021 vs 2020
Shrank 8% on revenue, returned to profit
approved 2022-05-25; registry 2022-07-06; journal 2022 640325
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABOVO AS. Revenue 509.7k NOK → 470.9k NOK (-7.6%). Net result -53.3k NOK → +138.8k NOK. Equity 47.7k NOK → 186.5k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 53.3k NOK to a profit of 138.8k NOK. Calculated
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↑
Equity strengthened
Book equity 47.7k NOK → 186.5k NOK (equity ratio 53.9% → 71.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 509.7k NOK to 470.9k NOK (-7.6% YoY). Calculated
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↓
Operating result weakened
Operating result +169.8k NOK → +90.2k NOK (op. margin 33.3% → 19.2%). Calculated
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↓
Cash fell
Bank deposits 117.1k NOK → 106.8k NOK (-8.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 157.2k NOK → 3.18m NOK (31% → 676% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 130.8k NOK → 142.0k NOK (+8.6% YoY). Calculated