Org.nr 912 569 977 2020 → 2021 Year-over-year analysis

ABX FRITID AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, returned to profit

registry 2022-08-02; journal 2022 860296

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABX FRITID AS. Revenue 47.9k NOK → 0 NOK (-100.0%). Net result -53.8k NOK → +8 312 NOK. Equity -54.5k NOK → -46.2k NOK.

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

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABX FRITID AS.

Scorecard

Revenue
47.9k NOK 0 NOK
-100.0%
Operating result
-52.4k NOK +8 313 NOK
+115.9%
Net result
-53.8k NOK +8 312 NOK
+115.5%
Equity
-54.5k NOK -46.2k NOK
+15.2%
Cash
376 NOK 5 298 NOK
+1309.0%
Total assets
81.6k NOK 37.2k NOK
-54.4%

What improved

  • ↑

    Operating result improved

    Operating result -52.4k NOK → +8 313 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 53.8k NOK to a profit of 8 312 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -54.5k NOK → -46.2k NOK (equity ratio -66.8% → -124.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 376 NOK → 5 298 NOK (+1309.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 26.5k NOK → 213 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 47.9k NOK to 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -124.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.2 → 0. Reported fact