ABYSS AS: årsregnskap 2021 vs 2020
Slipped into loss, fresh owner capital
approved 2022-06-22; registry 2022-07-23; journal 2022 698022
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABYSS AS. Revenue 195.18m NOK → 193.95m NOK (-0.6%). Net result +8.43m NOK → -5.11m NOK. Equity 41.44m NOK → 51.77m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABYSS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 41.44m NOK → 51.77m NOK (equity ratio 15.7% → 11.2%). Calculated
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↑
Cash rose
Bank deposits 2.05m NOK → 2.61m NOK (+27.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 3.72m NOK → 11.22m NOK (+7.50m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 195.18m NOK to 193.95m NOK (-0.6% YoY). Calculated
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↓
Operating result weakened
Operating result +17.83m NOK → +5.21m NOK (op. margin 9.1% → 2.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 8.43m NOK profit to a loss of 5.11m NOK. Calculated
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↓
Payroll up without matching revenue
Salary cost 53.45m NOK → 61.37m NOK (27% → 32% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 49.29m NOK → 45.52m NOK (-7.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.01m NOK → 2.65m NOK. Reported fact