ABU ROMERIKE AS: årsregnskap 2021 vs 2020
Grew 182% on revenue, returned to profit
approved 2022-06-22; registry 2022-06-30; journal 2022 564620
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABU ROMERIKE AS. Revenue 289.5k NOK → 817.0k NOK (+182.2%). Net result -1.27m NOK → +209.3k NOK. Equity 2.15m NOK → 2.36m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABU ROMERIKE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 289.5k NOK to 817.0k NOK (+182.2% YoY). Calculated
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Operating result improved
Operating result -1.27m NOK → +209.3k NOK (op. margin -437.3% → 25.6%). Calculated
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Turned profitable
Net result flipped from a loss of 1.27m NOK to a profit of 209.3k NOK. Calculated
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Equity strengthened
Book equity 2.15m NOK → 2.36m NOK (equity ratio 48.6% → 54.1%). Calculated
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Cash rose
Bank deposits 216.6k NOK → 222.3k NOK (+2.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 39.6k NOK → 2.43m NOK (14% → 297% of revenue). Calculated