Org.nr 912 673 197 2020 → 2021 Year-over-year analysis

ABYRINT AS: årsregnskap 2021 vs 2020

Grew 8% on revenue, stronger earnings

approved 2022-06-27; registry 2022-07-23; journal 2022 691442

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABYRINT AS. Revenue 26.28m NOK → 28.48m NOK (+8.4%). Net result +8.33m NOK → +12.33m NOK. Equity 10.93m NOK → 13.37m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABYRINT AS.

Scorecard

Revenue
26.28m NOK 28.48m NOK
+8.4%
Operating result
+11.05m NOK +15.10m NOK
+36.7%
Net result
+8.33m NOK +12.33m NOK
+48.0%
Equity
10.93m NOK 13.37m NOK
+22.3%
Cash
6.81m NOK 10.26m NOK
+50.6%
Total assets
15.24m NOK 18.04m NOK
+18.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.28m NOK to 28.48m NOK (+8.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.05m NOK → +15.10m NOK (op. margin 42.0% → 53.0%). Calculated

  • ↑

    Net result improved

    Net result +8.33m NOK → +12.33m NOK (net margin 31.7% → 43.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.93m NOK → 13.37m NOK (equity ratio 71.7% → 74.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.81m NOK → 10.26m NOK (+50.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.08m NOK → 2.80m NOK (-8.9% YoY). Calculated