Org.nr 898 538 702 2020 → 2021 Year-over-year analysis

ABRAHAMSSON HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-04-28; registry 2022-07-06; journal 2022 628089

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABRAHAMSSON HOLDING AS. Net result -51.7k NOK → -660.9k NOK. Equity 45.1k NOK → -615.8k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSSON HOLDING AS.

Scorecard

Revenue
n/m 132 NOK
—
Operating result
-51.5k NOK -61.4k NOK
-19.2%
Net result
-51.7k NOK -660.9k NOK
-1177.6%
Equity
45.1k NOK -615.8k NOK
-1464.7%
Cash
449.9k NOK 209.9k NOK
-53.4%
Total assets
6.61m NOK 22.46m NOK
+239.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -51.5k NOK → -61.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result -51.7k NOK → -660.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 45.1k NOK → -615.8k NOK (equity ratio 0.7% → -2.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 449.9k NOK → 209.9k NOK (-53.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 45.1k NOK → 37.5k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 51.5k NOK → 61.4k NOK (+19.2% YoY). Calculated