ABYSSUS MARINE SERVICES AS: årsregnskap 2021 vs 2020
Shrank 6814% on revenue, slipped into loss, fresh owner capital
approved 2023-01-28; registry 2023-02-02; journal 2023 303390
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABYSSUS MARINE SERVICES AS. Revenue 15.0k NOK → -1.01m NOK (-6814.2%). Net result +99.8k NOK → -888.3k NOK. Equity 68.8k NOK → 8 273 NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABYSSUS MARINE SERVICES AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 1.04m NOK → 1.87m NOK (+827.7k NOK). Reported fact
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Payroll decreased
Salary cost 165.6k NOK → 0 NOK. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 15.0k NOK to -1.01m NOK (-6814.2% YoY). Calculated
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Operating result weakened
Operating result -179.4k NOK → -1.05m NOK (op. margin -1195.8% → 104.0%). Calculated
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Fell into a net loss
Net result flipped from 99.8k NOK profit to a loss of 888.3k NOK. Calculated
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Equity eroded
Book equity 68.8k NOK → 8 273 NOK (equity ratio 1.8% → 1.0%). Calculated
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Current ratio dropped below 1×
Current ratio 1.00× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation