FirmaIQ
Org.nr 999 413 706 2020 → 2021 Year-over-year analysis

1-2-3 BYGG VEST AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, slipped into loss, cash halved-plus

approved 2022-04-21; registry 2022-04-25; journal 2022 220612

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 1-2-3 BYGG VEST AS. Revenue 2.11m NOK → 1.83m NOK (-13.4%). Net result +140.6k NOK → -69.2k NOK. Equity 12 NOK → 11.27m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1-2-3 BYGG VEST AS.

At a glance

Scorecard

Revenue
2.11m NOK 1.83m NOK
-13.4%
Operating result
+178.8k NOK -61.1k NOK
-134.2%
Net result
+140.6k NOK -69.2k NOK
-149.2%
Equity
12 NOK 11.27m NOK
+93934308.3%
Cash
670.4k NOK 256.5k NOK
-61.7%
Total assets
923.8k NOK 822.0k NOK
-11.0%

What improved

  • ↑

    Equity strengthened

    Book equity 12 NOK → 11.27m NOK (equity ratio 0.0% → 1371.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.11m NOK to 1.83m NOK (-13.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +178.8k NOK → -61.1k NOK (op. margin 8.5% → -3.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 140.6k NOK profit to a loss of 69.2k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 670.4k NOK → 256.5k NOK (-61.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 64.0k NOK → 13.9k NOK (-78.3% YoY). Calculated