FirmaIQ
Org.nr 926 343 378 2020 → 2021 Year-over-year analysis

ABS ENTREPRENØR AS: årsregnskap 2021 vs 2020

Grew 62% on revenue, stronger earnings, cash halved-plus

approved 2022-06-22; registry 2022-07-25; journal 2022 775512

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABS ENTREPRENØR AS. Revenue 150.0k NOK → 242.5k NOK (+61.7%). Net result +73.3k NOK → +163.7k NOK. Equity 167.8k NOK → 331.5k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABS ENTREPRENØR AS.

At a glance

Scorecard

Revenue
150.0k NOK 242.5k NOK
+61.7%
Operating result
+92.4k NOK +210.0k NOK
+127.2%
Net result
+73.3k NOK +163.7k NOK
+123.3%
Equity
167.8k NOK 331.5k NOK
+97.6%
Cash
100.0k NOK 11.3k NOK
-88.7%
Total assets
287.5k NOK 513.4k NOK
+78.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 150.0k NOK to 242.5k NOK (+61.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +92.4k NOK → +210.0k NOK (op. margin 61.6% → 86.6%). Calculated

  • ↑

    Net result improved

    Net result +73.3k NOK → +163.7k NOK (net margin 48.9% → 67.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 167.8k NOK → 331.5k NOK (equity ratio 58.3% → 64.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 100.0k NOK → 11.3k NOK (-88.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 50.0k NOK → 4.52m NOK (+8934.8% YoY). Calculated