Org.nr 926 358 316 2020 → 2021 Year-over-year analysis

ABSURD ARKITEKTUR AS: årsregnskap 2021 vs 2020

Shrank 98% on revenue, stronger earnings

approved 2022-06-28; registry 2022-07-02; journal 2022 572298

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABSURD ARKITEKTUR AS. Revenue 549.9k NOK → 12.9k NOK (-97.6%). Net result +255.9k NOK → +799.2k NOK. Equity 6.19m NOK → 735.1k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABSURD ARKITEKTUR AS.

Scorecard

Revenue
549.9k NOK 12.9k NOK
-97.6%
Operating result
+328.1k NOK +334.2k NOK
+1.9%
Net result
+255.9k NOK +799.2k NOK
+212.3%
Equity
6.19m NOK 735.1k NOK
-88.1%
Cash
60.0k NOK 447.6k NOK
+646.0%
Total assets
613.5k NOK 427.0k NOK
-30.4%

What improved

  • ↑

    Operating result improved

    Operating result +328.1k NOK → +334.2k NOK (op. margin 59.7% → 2582.9%). Calculated

  • ↑

    Net result improved

    Net result +255.9k NOK → +799.2k NOK (net margin 46.5% → 6177.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 60.0k NOK → 447.6k NOK (+646.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 549.9k NOK to 12.9k NOK (-97.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.19m NOK → 735.1k NOK (equity ratio 1008.2% → 172.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.43× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 207 NOK → 2.81m NOK (0% → 21705% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact