Org.nr 994 787 926 2020 → 2021 Year-over-year analysis

ABUNDANCE AS: årsregnskap 2021 vs 2020

Returned to profit, cash halved-plus

approved 2022-06-17; registry 2022-08-15; journal 2022 860574

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABUNDANCE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -1.10m NOK → +219.7k NOK. Equity 516.0k NOK → 735.8k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-22.8k NOK -24.8k NOK
-9.1%
Net result
-1.10m NOK +219.7k NOK
+120.0%
Equity
516.0k NOK 735.8k NOK
+42.6%
Cash
18.2k NOK 5 866 NOK
-67.8%
Total assets
717.8k NOK 950.0k NOK
+32.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.10m NOK to a profit of 219.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 516.0k NOK → 735.8k NOK (equity ratio 71.9% → 77.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -22.8k NOK → -24.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 18.2k NOK → 5 866 NOK (-67.8% YoY). Calculated