FirmaIQ
Org.nr 996 095 819 2020 → 2021 Year-over-year analysis

ABSOLUTT ØKONOMI AS: årsregnskap 2021 vs 2020

Grew 11% on revenue, stronger earnings

approved 2022-05-10; registry 2022-05-28; journal 2022 283313

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABSOLUTT ØKONOMI AS. Revenue 1.00m NOK → 1.11m NOK (+10.7%). Net result +13.0k NOK → +100.9k NOK. Equity 10.20m NOK → 305.6k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.00m NOK 1.11m NOK
+10.7%
Operating result
+17.6k NOK +129.8k NOK
+637.9%
Net result
+13.0k NOK +100.9k NOK
+678.2%
Equity
10.20m NOK 305.6k NOK
-97.0%
Cash
276.0k NOK 450.9k NOK
+63.3%
Total assets
377.1k NOK 551.2k NOK
+46.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.00m NOK to 1.11m NOK (+10.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +17.6k NOK → +129.8k NOK (op. margin 1.8% → 11.7%). Calculated

  • ↑

    Net result improved

    Net result +13.0k NOK → +100.9k NOK (net margin 1.3% → 9.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 276.0k NOK → 450.9k NOK (+63.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.20m NOK → 305.6k NOK (equity ratio 2705.9% → 55.4%). Calculated