ABZINT FRISØR AS: årsregnskap 2021 vs 2020
Grew 111948% on revenue, weaker earnings
approved 2023-10-26; registry 2023-10-30; journal 2023 735961
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABZINT FRISØR AS. Revenue 1 197 NOK → 1.34m NOK (+111948.4%). Net result -138.4k NOK → -448.5k NOK. Equity -289.2k NOK → -737.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABZINT FRISØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 197 NOK to 1.34m NOK (+111948.4% YoY). Calculated
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↑
Cash rose
Bank deposits 73.4k NOK → 124.0k NOK (+69.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -85.0k NOK → -229.8k NOK (op. margin -7098.2% → -17.1%). Calculated
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↓
Net result weakened
Net result -138.4k NOK → -448.5k NOK (net margin -11560.5% → -33.4%). Calculated
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↓
Equity eroded
Book equity -289.2k NOK → -737.6k NOK (equity ratio -89.5% → -322.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -322.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4 696 NOK → 1.00m NOK (392% → 75% of revenue). Calculated