Org.nr 885 733 212 2020 → 2021 Year-over-year analysis

ABRAFAM EIENDOM AS: årsregnskap 2021 vs 2020

Shrank 47% on revenue, stronger earnings

approved 2022-01-17; registry 2022-01-19; journal 2022 107629

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABRAFAM EIENDOM AS. Revenue 15.0k NOK → 8 000 NOK (-46.7%). Net result +248.1k NOK → +10.78m NOK. Equity 10.78m NOK → 21.56m NOK.

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

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

Scorecard

Revenue
15.0k NOK 8 000 NOK
-46.7%
Operating result
-59.7k NOK -70.5k NOK
-18.0%
Net result
+248.1k NOK +10.78m NOK
+4244.4%
Equity
10.78m NOK 21.56m NOK
+100.0%
Cash
168.5k NOK 856.7k NOK
+408.5%
Total assets
15.32m NOK 21.62m NOK
+41.0%

What improved

  • ↑

    Net result improved

    Net result +248.1k NOK → +10.78m NOK (net margin 1654.1% → 134734.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.78m NOK → 21.56m NOK (equity ratio 70.3% → 99.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 168.5k NOK → 856.7k NOK (+408.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.16× → 116.02×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.0k NOK to 8 000 NOK (-46.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -59.7k NOK → -70.5k NOK (op. margin -398.2% → -881.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 13.39m NOK → 7.07m NOK. Reported fact