FirmaIQ
Org.nr 916 188 382 2020 → 2021 Year-over-year analysis

ABSOLUTT SPORTSREISER AS: årsregnskap 2021 vs 2020

Shrank 85% on revenue

approved 2022-06-08; registry 2022-06-13; journal 2022 444182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABSOLUTT SPORTSREISER AS. Revenue 5.82m NOK → 899.1k NOK (-84.6%). Net result +524.6k NOK → +420.9k NOK. Equity 574.4k NOK → 995.3k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABSOLUTT SPORTSREISER AS.

At a glance

Scorecard

Revenue
5.82m NOK 899.1k NOK
-84.6%
Operating result
+667.5k NOK +540.0k NOK
-19.1%
Net result
+524.6k NOK +420.9k NOK
-19.8%
Equity
574.4k NOK 995.3k NOK
+73.3%
Cash
1.11m NOK 1.57m NOK
+41.8%
Total assets
1.12m NOK 1.81m NOK
+62.6%

What improved

  • ↑

    Equity strengthened

    Book equity 574.4k NOK → 995.3k NOK (equity ratio 51.5% → 54.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.11m NOK → 1.57m NOK (+41.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.82m NOK to 899.1k NOK (-84.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +667.5k NOK → +540.0k NOK (op. margin 11.5% → 60.1%). Calculated

  • ↓

    Net result weakened

    Net result +524.6k NOK → +420.9k NOK (net margin 9.0% → 46.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.91m NOK → 598 NOK (-100.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact