24 BYGG AS: årsregnskap 2020 vs 2019
Grew 276744% on revenue, fresh owner capital
approved 2021-04-19; registry 2021-09-11; journal 2021 746805
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 24 BYGG AS. Revenue 1 137 NOK → 3.15m NOK (+276743.7%). Net result +38.1k NOK → +30.1k NOK. Equity 62.5k NOK → 7.16m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 24 BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 137 NOK to 3.15m NOK (+276743.7% YoY). Calculated
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↑
Equity strengthened
Book equity 62.5k NOK → 7.16m NOK (equity ratio 11.4% → 15100.0%). Calculated
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↑
Cash rose
Bank deposits 277.8k NOK → 629.8k NOK (+126.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 94.4k NOK (+70.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +49.3k NOK → +39.8k NOK (op. margin 4335.0% → 1.3%). Calculated
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↓
Net result weakened
Net result +38.1k NOK → +30.1k NOK (net margin 3352.3% → 1.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 458 NOK → 1.11m NOK (128% → 35% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 323.0k NOK → 613.1k NOK (+89.8% YoY). Calculated