FirmaIQ
Org.nr 990 981 760 2020 → 2021 Year-over-year analysis

ABS SHOOTING AS: årsregnskap 2021 vs 2020

Grew 6% on revenue, stronger earnings, cash halved-plus

approved 2022-06-30; registry 2022-07-23; journal 2022 689272

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABS SHOOTING AS. Revenue 6.57m NOK → 6.98m NOK (+6.3%). Net result +359.4k NOK → +476.4k NOK. Equity 1.77m NOK → 2.14m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABS SHOOTING AS.

At a glance

Scorecard

Revenue
6.57m NOK 6.98m NOK
+6.3%
Operating result
+456.0k NOK +609.0k NOK
+33.5%
Net result
+359.4k NOK +476.4k NOK
+32.5%
Equity
1.77m NOK 2.14m NOK
+21.3%
Cash
509.0k NOK 224.1k NOK
-56.0%
Total assets
2.45m NOK 2.96m NOK
+20.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.57m NOK to 6.98m NOK (+6.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +456.0k NOK → +609.0k NOK (op. margin 6.9% → 8.7%). Calculated

  • ↑

    Net result improved

    Net result +359.4k NOK → +476.4k NOK (net margin 5.5% → 6.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.77m NOK → 2.14m NOK (equity ratio 72.2% → 72.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 509.0k NOK → 224.1k NOK (-56.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 505.2k NOK → 606.8k NOK (8% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.19m NOK → 5.36m NOK (+3.3% YoY). Calculated