FirmaIQ
Org.nr 992 509 368 2020 → 2021 Year-over-year analysis

2KP BYGG AS: årsregnskap 2021 vs 2020

Grew 64% on revenue, returned to profit

approved 2022-05-24; registry 2022-06-09; journal 2022 433091

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2KP BYGG AS. Revenue 2.59m NOK → 4.25m NOK (+64.1%). Net result -170.6k NOK → +91.2k NOK. Equity 1.68m NOK → 1.77m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
2.59m NOK 4.25m NOK
+64.1%
Operating result
-199.5k NOK +118.9k NOK
+159.6%
Net result
-170.6k NOK +91.2k NOK
+153.5%
Equity
1.68m NOK 1.77m NOK
+5.4%
Cash
1.22m NOK 834.6k NOK
-31.4%
Total assets
2.17m NOK 2.59m NOK
+19.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.59m NOK to 4.25m NOK (+64.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -199.5k NOK → +118.9k NOK (op. margin -7.7% → 2.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 170.6k NOK to a profit of 91.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.68m NOK → 1.77m NOK (equity ratio 77.2% → 68.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.22m NOK → 834.6k NOK (-31.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.00m NOK → 3.46m NOK (77% → 81% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 323.4k NOK → 77.7k NOK (-76.0% YoY). Calculated