FirmaIQ
Org.nr 979 323 794 2020 → 2021 Year-over-year analysis

ADVANCE BUSINESS PARTNER AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, cash halved-plus

approved 2022-02-07; registry 2022-05-07; journal 2022 212854

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVANCE BUSINESS PARTNER AS. Revenue 5.15m NOK → 0 NOK (-100.0%). Net result +2 730 NOK → +2 009 NOK. Equity 233.3k NOK → 235.4k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCE BUSINESS PARTNER AS.

At a glance

Scorecard

Revenue
5.15m NOK 0 NOK
-100.0%
Operating result
+2 273 NOK +2 579 NOK
+13.5%
Net result
+2 730 NOK +2 009 NOK
-26.4%
Equity
233.3k NOK 235.4k NOK
+0.9%
Cash
498.6k NOK 143.2k NOK
-71.3%
Total assets
911.4k NOK 489.9k NOK
-46.2%

What improved

  • ↑

    Operating result improved

    Operating result +2 273 NOK → +2 579 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 233.3k NOK → 235.4k NOK (equity ratio 25.6% → 48.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.15m NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 498.6k NOK → 143.2k NOK (-71.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.55m NOK → 4.06m NOK (-10.8% YoY). Calculated