FirmaIQ
Org.nr 994 985 108 2020 → 2021 Year-over-year analysis

ABS AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-06-02; registry 2022-06-16; journal 2022 437158

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABS AS. Revenue 82.30m NOK → 79.96m NOK (-2.8%). Net result +10.80m NOK → +10 NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABS AS.

At a glance

Scorecard

Revenue
82.30m NOK 79.96m NOK
-2.8%
Operating result
+1.88m NOK +6.12m NOK
+224.4%
Net result
+10.80m NOK +10 NOK
-100.0%
Equity
n/m 14.64m NOK
—
Cash
737.2k NOK 136.3k NOK
-81.5%
Total assets
40.17m NOK 52.00m NOK
+29.4%

What improved

  • ↑

    Operating result improved

    Operating result +1.88m NOK → +6.12m NOK (op. margin 2.3% → 7.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 19.71m NOK → 18.66m NOK (24% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 82.30m NOK to 79.96m NOK (-2.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +10.80m NOK → +10 NOK (net margin 13.1% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 737.2k NOK → 136.3k NOK (-81.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 54.22m NOK → 44.63m NOK (-17.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 135.2k NOK → 80.3k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 39 → 38. Reported fact