2PLAN BYGG AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-03-29; registry 2022-04-04; journal 2022 184606
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2PLAN BYGG AS. Revenue 2.90m NOK → 2.94m NOK (+1.3%). Net result +275.7k NOK → +156.8k NOK. Equity 212.3k NOK → 269.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for 2PLAN BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.90m NOK to 2.94m NOK (+1.3% YoY). Calculated
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↑
Equity strengthened
Book equity 212.3k NOK → 269.1k NOK (equity ratio 26.9% → 33.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +326.7k NOK → +204.8k NOK (op. margin 11.3% → 7.0%). Calculated
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↓
Net result weakened
Net result +275.7k NOK → +156.8k NOK (net margin 9.5% → 5.3%). Calculated
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↓
Cash fell
Bank deposits 6.38m NOK → 193.1k NOK (-97.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.38m NOK → 193.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 192.8k NOK → 1.28m NOK (7% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.01m NOK → 1.11m NOK (+9.3% YoY). Calculated