Org.nr 917 441 324 2020 → 2021 Year-over-year analysis

ABRA CADABRA BARNEHAGE AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-03-23; registry 2022-05-25; journal 2022 270030

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABRA CADABRA BARNEHAGE AS. Revenue 9.96m NOK → 9.54m NOK (-4.2%). Net result +772.7k NOK → +299.8k NOK. Equity 7.79m NOK → 1.09m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRA CADABRA BARNEHAGE AS.

Scorecard

Revenue
9.96m NOK 9.54m NOK
-4.2%
Operating result
+281.7k NOK +587.1k NOK
+108.4%
Net result
+772.7k NOK +299.8k NOK
-61.2%
Equity
7.79m NOK 1.09m NOK
-86.0%
Cash
2.77m NOK 1.79m NOK
-35.3%
Total assets
17.24m NOK 15.74m NOK
-8.7%

What improved

  • ↑

    Operating result improved

    Operating result +281.7k NOK → +587.1k NOK (op. margin 2.8% → 6.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.96m NOK to 9.54m NOK (-4.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +772.7k NOK → +299.8k NOK (net margin 7.8% → 3.1%). Calculated

  • ↓

    Equity eroded

    Book equity 7.79m NOK → 1.09m NOK (equity ratio 45.2% → 6.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.77m NOK → 1.79m NOK (-35.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation