ABRAHAMSEN SOFTWARE SOLUTIONS AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, returned to profit
approved 2022-02-27; registry 2022-03-07; journal 2022 137070
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABRAHAMSEN SOFTWARE SOLUTIONS AS. Revenue 426.5k NOK → 426 NOK (-99.9%). Net result -31.4k NOK → +85.8k NOK. Equity 597.8k NOK → 683.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -163.1k NOK → -25.5k NOK (op. margin -38.2% → -5989.2%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 31.4k NOK to a profit of 85.8k NOK. Calculated
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↑
Equity strengthened
Book equity 597.8k NOK → 683.5k NOK (equity ratio 91.7% → 100.0%). Calculated
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↑
Payroll decreased
Salary cost 523.2k NOK → 1 980 NOK (123% → 465% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 426.5k NOK to 426 NOK (-99.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 294.1k NOK → 186.1k NOK (-36.7% YoY). Calculated