FirmaIQ
Org.nr 848 629 642 2020 → 2021 Year-over-year analysis

ABSOR AS: årsregnskap 2021 vs 2020

Grew 36% on revenue, stronger earnings

approved 2022-04-01; registry 2022-07-25; journal 2022 785338

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABSOR AS. Revenue 1.19m NOK → 1.63m NOK (+36.1%). Net result +8 206 NOK → +285.7k NOK. Equity -304.3k NOK → -18.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABSOR AS.

At a glance

Scorecard

Revenue
1.19m NOK 1.63m NOK
+36.1%
Operating result
+53.3k NOK +319.5k NOK
+499.9%
Net result
+8 206 NOK +285.7k NOK
+3382.1%
Equity
-304.3k NOK -18.5k NOK
+93.9%
Cash
4 125 NOK 10.2k NOK
+146.3%
Total assets
625.0k NOK 709.9k NOK
+13.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.19m NOK to 1.63m NOK (+36.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +53.3k NOK → +319.5k NOK (op. margin 4.5% → 19.7%). Calculated

  • ↑

    Net result improved

    Net result +8 206 NOK → +285.7k NOK (net margin 0.7% → 17.6%). Calculated

  • ↑

    Equity strengthened

    Book equity -304.3k NOK → -18.5k NOK (equity ratio -48.7% → -2.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 125 NOK → 10.2k NOK (+146.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 228.5k NOK → 354.6k NOK (19% → 22% of revenue). Calculated