ABSOLUTESKILLS AS: årsregnskap 2021 vs 2020
Grew 19% on revenue, stronger earnings
approved 2022-05-13; registry 2022-06-01; journal 2022 303846
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABSOLUTESKILLS AS. Revenue 2.26m NOK → 2.69m NOK (+18.9%). Net result +582.5k NOK → +850.1k NOK. Equity 2.15m NOK → 1.30m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUTESKILLS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.26m NOK to 2.69m NOK (+18.9% YoY). Calculated
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Net result improved
Net result +582.5k NOK → +850.1k NOK (net margin 25.8% → 31.6%). Calculated
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Cash rose
Bank deposits 2.53m NOK → 2.88m NOK (+14.0% YoY). Calculated
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Payroll decreased
Salary cost 1.97m NOK → 1 197 NOK (87% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +714.5k NOK → +6 322 NOK (op. margin 31.6% → 0.2%). Calculated
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↓
Equity eroded
Book equity 2.15m NOK → 1.30m NOK (equity ratio 62.4% → 33.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 950 NOK → 6 313 NOK. Reported fact