ABU AS: årsregnskap 2021 vs 2020
Grew 70% on revenue
approved 2022-03-07; registry 2022-03-31; journal 2022 173689
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABU AS. Revenue 205.7k NOK → 349.8k NOK (+70.1%). Net result -57.6k NOK → -57.3k NOK. Equity -27.6k NOK → -84.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABU AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 205.7k NOK to 349.8k NOK (+70.1% YoY). Calculated
-
↑
Operating result improved
Operating result +50.5k NOK → +76.3k NOK (op. margin 24.6% → 21.8%). Calculated
-
↑
Cash rose
Bank deposits 105.9k NOK → 110.5k NOK (+4.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -27.6k NOK → -84.9k NOK (equity ratio -0.4% → -0.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 86.78× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation