Org.nr 976 842 790 2020 → 2021 Year-over-year analysis

ABRAKADABRA COMMUNICATION AS: årsregnskap 2021 vs 2020

Grew 39% on revenue, stronger earnings

approved 2022-07-25; registry 2022-07-27; journal 2022 795020

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABRAKADABRA COMMUNICATION AS. Revenue 147.9k NOK → 205.0k NOK (+38.6%). Net result -514.0k NOK → -211.2k NOK. Equity 2.17m NOK → 1.96m NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABRAKADABRA COMMUNICATION AS.

Scorecard

Revenue
147.9k NOK 205.0k NOK
+38.6%
Operating result
-655.4k NOK -211.2k NOK
+67.8%
Net result
-514.0k NOK -211.2k NOK
+58.9%
Equity
2.17m NOK 1.96m NOK
-9.7%
Cash
506.5k NOK 371.6k NOK
-26.6%
Total assets
2.54m NOK 2.24m NOK
-11.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 147.9k NOK to 205.0k NOK (+38.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -655.4k NOK → -211.2k NOK (op. margin -443.2% → -103.1%). Calculated

  • ↑

    Net result improved

    Net result -514.0k NOK → -211.2k NOK (net margin -347.5% → -103.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.17m NOK → 1.96m NOK (equity ratio 85.6% → 87.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 506.5k NOK → 371.6k NOK (-26.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 16.4k NOK → 23.0k NOK (+40.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact