ABS FREDRIKSTAD AS: årsregnskap 2021 vs 2020
Grew 45% on revenue, slipped into loss
approved 2022-04-27; registry 2022-04-30; journal 2022 236513
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABS FREDRIKSTAD AS. Revenue 3.18m NOK → 4.61m NOK (+45.0%). Net result +867.6k NOK → -122.6k NOK. Equity 12.96m NOK → 11.84m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABS FREDRIKSTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.18m NOK to 4.61m NOK (+45.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.64× → 1.68×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +48.4k NOK → -116.0k NOK (op. margin 1.5% → -2.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 867.6k NOK profit to a loss of 122.6k NOK. Calculated
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↓
Equity eroded
Book equity 12.96m NOK → 11.84m NOK (equity ratio 743315.5% → 676.9%). Calculated
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↓
Cash fell
Bank deposits 919.3k NOK → 703.0k NOK (-23.5% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 401.1k NOK → 554.8k NOK (+38.3% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 6. Reported fact