ABRACADABRAMAT AS: årsregnskap 2021 vs 2020
Shrank 11% on revenue, stronger earnings
approved 2022-04-30; registry 2022-07-28; journal 2022 809978
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABRACADABRAMAT AS. Revenue 936.2k NOK → 836.2k NOK (-10.7%). Net result +11.6k NOK → +194.5k NOK. Equity 243.0k NOK → 437.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABRACADABRAMAT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +11.0k NOK → +193.5k NOK (op. margin 1.2% → 23.1%). Calculated
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Net result improved
Net result +11.6k NOK → +194.5k NOK (net margin 1.2% → 23.3%). Calculated
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Equity strengthened
Book equity 243.0k NOK → 437.4k NOK (equity ratio 54.2% → 62.4%). Calculated
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Cash rose
Bank deposits 320.5k NOK → 465.7k NOK (+45.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 936.2k NOK to 836.2k NOK (-10.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 274.2k NOK → 673.3k NOK (29% → 81% of revenue). Calculated
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COGS moved
COGS / varekostnad 369.4k NOK → 563.1k NOK (+52.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 38.6k NOK → 132.0k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0.92 → 0.99. Reported fact