Org.nr 998 605 415 2020 → 2021 Year-over-year analysis

ABSTREKER AS: årsregnskap 2021 vs 2020

Returned to profit, cash halved-plus

approved 2022-04-19; registry 2022-05-23; journal 2022 330165

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABSTREKER AS. Revenue 0 NOK → 10.0k NOK. Net result -6 675 NOK → +4 578 NOK. Equity -651.0k NOK → -646.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSTREKER AS.

Scorecard

Revenue
0 NOK 10.0k NOK
—
Operating result
-6 675 NOK +4 578 NOK
+168.6%
Net result
-6 675 NOK +4 578 NOK
+168.6%
Equity
-651.0k NOK -646.4k NOK
+0.7%
Cash
578.9k NOK 5 156 NOK
-99.1%
Total assets
578.9k NOK 5 156 NOK
-99.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 10.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -6 675 NOK → +4 578 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6 675 NOK to a profit of 4 578 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -651.0k NOK → -646.4k NOK (equity ratio -112.5% → -12536.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 578.9k NOK → 5 156 NOK (-99.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12536.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation