FirmaIQ
Org.nr 987 245 700 2020 → 2021 Year-over-year analysis

ABYSS AKVASERVICE AS: årsregnskap 2021 vs 2020

Shrank 84% on revenue, weaker earnings, fresh owner capital

approved 2022-05-05; registry 2022-07-23; journal 2022 703152

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABYSS AKVASERVICE AS. Revenue 14.25bn NOK → 2.26bn NOK (-84.2%). Net result +54.33m NOK → +33.70m NOK. Equity 8.16bn NOK → 15.18bn NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
14.25bn NOK 2.26bn NOK
-84.2%
Operating result
+74.44m NOK +45.93m NOK
-38.3%
Net result
+54.33m NOK +33.70m NOK
-38.0%
Equity
8.16bn NOK 15.18bn NOK
+86.0%
Cash
5.31m NOK 4.38m NOK
-17.5%
Total assets
393.57m NOK 479.06m NOK
+21.7%

What improved

  • ↑

    Equity strengthened

    Book equity 8.16bn NOK → 15.18bn NOK (equity ratio 2074.2% → 3169.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 6.81m NOK → 26.40m NOK (+19.59m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.25bn NOK to 2.26bn NOK (-84.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +74.44m NOK → +45.93m NOK (op. margin 0.5% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +54.33m NOK → +33.70m NOK (net margin 0.4% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.31m NOK → 4.38m NOK (-17.5% YoY). Calculated