FirmaIQ
Org.nr 813 801 752 2020 → 2021 Year-over-year analysis

ABRAHAMSEN RESTAURANTDRIFT AS: årsregnskap 2021 vs 2020

Grew 28% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-15; journal 2022 865332

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABRAHAMSEN RESTAURANTDRIFT AS. Revenue 1.72m NOK → 2.20m NOK (+27.7%). Net result -497.5k NOK → -1 596 NOK. Equity 3.22m NOK → 2.82m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN RESTAURANTDRIFT AS.

At a glance

Scorecard

Revenue
1.72m NOK 2.20m NOK
+27.7%
Operating result
-662.7k NOK -8 962 NOK
+98.6%
Net result
-497.5k NOK -1 596 NOK
+99.7%
Equity
3.22m NOK 2.82m NOK
-12.5%
Cash
3.08m NOK 3.36m NOK
+9.3%
Total assets
3.51m NOK 3.66m NOK
+4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.72m NOK to 2.20m NOK (+27.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -662.7k NOK → -8 962 NOK (op. margin -38.5% → -0.4%). Calculated

  • ↑

    Net result improved

    Net result -497.5k NOK → -1 596 NOK (net margin -28.9% → -0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.08m NOK → 3.36m NOK (+9.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.22m NOK → 2.82m NOK (equity ratio 91.9% → 77.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.39m NOK → 1.65m NOK (81% → 75% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 446.3k NOK → 553.2k NOK (+24.0% YoY). Calculated