ABX DESTINASJONSUTVIKLING AS: årsregnskap 2021 vs 2020
Grew 49% on revenue, stronger earnings, cash halved-plus
approved 2022-07-05; registry 2022-07-11; journal 2022 679037
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABX DESTINASJONSUTVIKLING AS. Revenue 609.2k NOK → 910.3k NOK (+49.4%). Net result +372.4k NOK → +534.3k NOK. Equity 765.9k NOK → 900.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABX DESTINASJONSUTVIKLING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 609.2k NOK to 910.3k NOK (+49.4% YoY). Calculated
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Operating result improved
Operating result +436.5k NOK → +960.4k NOK (op. margin 71.6% → 105.5%). Calculated
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Net result improved
Net result +372.4k NOK → +534.3k NOK (net margin 61.1% → 58.7%). Calculated
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Equity strengthened
Book equity 765.9k NOK → 900.2k NOK (equity ratio 408.3% → 13.4%). Calculated
What deteriorated
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Cash fell
Bank deposits 549.2k NOK → 140.1k NOK (-74.5% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.63× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 41.9k NOK → 20.6k NOK (-50.9% YoY). Calculated