FirmaIQ
Org.nr 992 509 368 2019 → 2020 Year-over-year analysis

2KP BYGG AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, slipped into loss

approved 2021-07-22; registry 2021-07-26; journal 2021 591854

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2KP BYGG AS. Revenue 2.45m NOK → 2.59m NOK (+5.9%). Net result +180.1k NOK → -170.6k NOK. Equity 1.85m NOK → 1.68m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2KP BYGG AS.

At a glance

Scorecard

Revenue
2.45m NOK 2.59m NOK
+5.9%
Operating result
+271.0k NOK -199.5k NOK
-173.6%
Net result
+180.1k NOK -170.6k NOK
-194.7%
Equity
1.85m NOK 1.68m NOK
-9.2%
Cash
1.28m NOK 1.22m NOK
-4.8%
Total assets
2.79m NOK 2.17m NOK
-22.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.45m NOK to 2.59m NOK (+5.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.35m NOK → 2.00m NOK (96% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +271.0k NOK → -199.5k NOK (op. margin 11.1% → -7.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 180.1k NOK profit to a loss of 170.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.85m NOK → 1.68m NOK (equity ratio 66.2% → 77.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.28m NOK → 1.22m NOK (-4.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 78.9k NOK → 323.4k NOK (+309.8% YoY). Calculated