FirmaIQ
Org.nr 915 495 044 2020 → 2021 Year-over-year analysis

ABYSS SHIP MANAGEMENT AS: årsregnskap 2021 vs 2020

Shrank 64% on revenue

approved 2022-06-22; registry 2022-08-04; journal 2022 789188

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABYSS SHIP MANAGEMENT AS. Revenue 33.40m NOK → 11.93m NOK (-64.3%). Net result +653.5k NOK → +733.7k NOK. Equity 2.16m NOK → 2.16m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
33.40m NOK 11.93m NOK
-64.3%
Operating result
+858.8k NOK +935.0k NOK
+8.9%
Net result
+653.5k NOK +733.7k NOK
+12.3%
Equity
2.16m NOK 2.16m NOK
0.0%
Cash
2.05m NOK 2.41m NOK
+17.5%
Total assets
4.87m NOK 4.84m NOK
-0.7%

What improved

  • ↑

    Operating result improved

    Operating result +858.8k NOK → +935.0k NOK (op. margin 2.6% → 7.8%). Calculated

  • ↑

    Net result improved

    Net result +653.5k NOK → +733.7k NOK (net margin 2.0% → 6.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.05m NOK → 2.41m NOK (+17.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 31.58m NOK → 10.56m NOK (95% → 88% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.40m NOK to 11.93m NOK (-64.3% YoY). Calculated