Org.nr 997 129 210 2020 → 2021 Year-over-year analysis

ABVK EIENDOM AS: årsregnskap 2021 vs 2020

Cash halved-plus

registry 2022-03-10; journal 2022 140065

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABVK EIENDOM AS. Revenue 1.44m NOK → 1.44m NOK (0.0%). Net result +389.7k NOK → +452.1k NOK. Equity 3.19m NOK → 100.0k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ABVK EIENDOM AS.

Scorecard

Revenue
1.44m NOK 1.44m NOK
0.0%
Operating result
+918.7k NOK +926.5k NOK
+0.8%
Net result
+389.7k NOK +452.1k NOK
+16.0%
Equity
3.19m NOK 100.0k NOK
-96.9%
Cash
930.7k NOK 297.9k NOK
-68.0%
Total assets
15.43m NOK 15.57m NOK
+0.9%

What improved

  • ↑

    Operating result improved

    Operating result +918.7k NOK → +926.5k NOK (op. margin 63.8% → 64.3%). Calculated

  • ↑

    Net result improved

    Net result +389.7k NOK → +452.1k NOK (net margin 27.1% → 31.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.19m NOK → 100.0k NOK (equity ratio 20.7% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 930.7k NOK → 297.9k NOK (-68.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.46× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 452.3k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation