ABSTRAKT AS: årsregnskap 2021 vs 2020
Shrank 7% on revenue, slipped into loss
approved 2022-06-22; registry 2022-06-27; journal 2022 520040
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABSTRAKT AS. Revenue 291.5k NOK → 270.6k NOK (-7.2%). Net result +19.0k NOK → -166.7k NOK. Equity 24.8k NOK → -141.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSTRAKT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 15.9k NOK → 85.2k NOK (+435.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 291.5k NOK to 270.6k NOK (-7.2% YoY). Calculated
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↓
Operating result weakened
Operating result +19.1k NOK → -166.3k NOK (op. margin 6.6% → -61.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 19.0k NOK profit to a loss of 166.7k NOK. Calculated
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↓
Equity eroded
Book equity 24.8k NOK → -141.9k NOK (equity ratio 33.6% → -134.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.51× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -134.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation