FirmaIQ
Org.nr 979 633 793 2020 → 2021 Year-over-year analysis

ABSOLUT EIENDOM AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, cash halved-plus

approved 2022-05-16; registry 2022-05-21; journal 2022 313864

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABSOLUT EIENDOM AS. Revenue 55.7k NOK → 0 NOK (-100.0%). Net result -505.8k NOK → -420.0k NOK. Equity 4.76m NOK → 4.34m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUT EIENDOM AS.

At a glance

Scorecard

Revenue
55.7k NOK 0 NOK
-100.0%
Operating result
-453.0k NOK -447.2k NOK
+1.3%
Net result
-505.8k NOK -420.0k NOK
+17.0%
Equity
4.76m NOK 4.34m NOK
-8.8%
Cash
583.3k NOK 24.6k NOK
-95.8%
Total assets
4.91m NOK 7.40m NOK
+50.5%

What improved

  • ↑

    Operating result improved

    Operating result -453.0k NOK → -447.2k NOK. Calculated

  • ↑

    Net result improved

    Net result -505.8k NOK → -420.0k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 55.7k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 4.76m NOK → 4.34m NOK (equity ratio 96.8% → 58.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 583.3k NOK → 24.6k NOK (-95.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.15m NOK → 7.13m NOK. Reported fact