Org.nr 911 918 099 2021 → 2022 Year-over-year analysis

2A BYGG & EIENDOM AS: årsregnskap 2022 vs 2021

Grew 210% on revenue, weaker earnings, cash halved-plus

approved 2023-06-30; registry 2023-08-16; journal 2023 709949

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2A BYGG & EIENDOM AS. Revenue 457.6k NOK → 1.42m NOK (+209.6%). Net result +551.3k NOK → +147.1k NOK. Equity 9.55m NOK → 692.7k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2A BYGG & EIENDOM AS.

Scorecard

Revenue
457.6k NOK 1.42m NOK
+209.6%
Operating result
+696.4k NOK +193.1k NOK
-72.3%
Net result
+551.3k NOK +147.1k NOK
-73.3%
Equity
9.55m NOK 692.7k NOK
-92.7%
Cash
912.3k NOK 408.5k NOK
-55.2%
Total assets
211.4k NOK 1.12m NOK
+427.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 457.6k NOK to 1.42m NOK (+209.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.36× → 1.58×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +696.4k NOK → +193.1k NOK (op. margin 152.2% → 13.6%). Calculated

  • ↓

    Net result weakened

    Net result +551.3k NOK → +147.1k NOK (net margin 120.5% → 10.4%). Calculated

  • ↓

    Equity eroded

    Book equity 9.55m NOK → 692.7k NOK (equity ratio 4519.6% → 62.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 912.3k NOK → 408.5k NOK (-55.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 943.7k NOK (0% → 67% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact