ABRIX AS: årsregnskap 2021 vs 2020
Shrank 8% on revenue, stronger earnings
approved 2022-06-27; registry 2022-07-21; journal 2022 758248
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABRIX AS. Revenue 3.75m NOK → 3.47m NOK (-7.5%). Net result +350.3k NOK → +1.13m NOK. Equity 113.9k NOK → 2.94m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABRIX AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +723.8k NOK → +1.45m NOK (op. margin 19.3% → 41.9%). Calculated
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↑
Net result improved
Net result +350.3k NOK → +1.13m NOK (net margin 9.3% → 32.6%). Calculated
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↑
Equity strengthened
Book equity 113.9k NOK → 2.94m NOK (equity ratio 3.9% → 75.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.75m NOK to 3.47m NOK (-7.5% YoY). Calculated
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↓
Cash fell
Bank deposits 1.41m NOK → 1.10m NOK (-22.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 205.5k NOK → 161.5k NOK (-21.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 211.0k NOK → 251.0k NOK. Reported fact