2A BYGG & EIENDOM AS: årsregnskap 2020 vs 2019
Grew 31549% on revenue
approved 2021-05-17; registry 2021-05-19; journal 2021 300394
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2A BYGG & EIENDOM AS. Revenue 1 081 NOK → 342.1k NOK (+31548.9%). Net result -4 663 NOK → -11.1k NOK. Equity 13.7k NOK → 2 568 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 2A BYGG & EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 081 NOK to 342.1k NOK (+31548.9% YoY). Calculated
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↑
Cash rose
Bank deposits 19.7k NOK → 172.0k NOK (+772.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.17× → 2.47×. Calculated
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↑
Payroll decreased
Salary cost 3.21m NOK → 2 NOK (297060% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -4 684 NOK → -10.0k NOK (op. margin -433.3% → -2.9%). Calculated
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↓
Net result weakened
Net result -4 663 NOK → -11.1k NOK (net margin -431.4% → -3.2%). Calculated
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↓
Equity eroded
Book equity 13.7k NOK → 2 568 NOK (equity ratio 67.5% → 0.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 25.6k NOK → 52.3k NOK (+104.1% YoY). Calculated