ABS EIENDOM AS: årsregnskap 2021 vs 2020
Shrank 93% on revenue, stronger earnings, cash halved-plus
approved 2022-03-29; registry 2022-04-16; journal 2022 203711
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABS EIENDOM AS. Revenue 720.0k NOK → 50.0k NOK (-93.1%). Net result +228.9k NOK → +352.0k NOK. Equity 2.62m NOK → 2.97m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +346.9k NOK → +660.7k NOK (op. margin 48.2% → 1321.4%). Calculated
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↑
Net result improved
Net result +228.9k NOK → +352.0k NOK (net margin 31.8% → 704.0%). Calculated
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↑
Equity strengthened
Book equity 2.62m NOK → 2.97m NOK (equity ratio 53.7% → 24.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 720.0k NOK to 50.0k NOK (-93.1% YoY). Calculated
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↓
Cash fell
Bank deposits 376.1k NOK → 173.8k NOK (-53.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.12× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated