2S BYGG AS: årsregnskap 2021 vs 2020
Shrank 27% on revenue, weaker earnings
approved 2022-06-15; registry 2022-06-25; journal 2022 515871
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2S BYGG AS. Revenue 1.11m NOK → 811.7k NOK (-27.2%). Net result +8.14m NOK → +621.2k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2S BYGG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +150.6k NOK → +661.5k NOK (op. margin 13.5% → 81.5%). Calculated
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Cash rose
Bank deposits 13.5k NOK → 174.6k NOK (+1196.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.16× → 1.04×. Calculated
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Payroll decreased
Salary cost 3444.14bn NOK → 2 NOK (308994513% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.11m NOK to 811.7k NOK (-27.2% YoY). Calculated
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↓
Net result weakened
Net result +8.14m NOK → +621.2k NOK (net margin 729.9% → 76.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 348.1k NOK → 101.3k NOK (-70.9% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0.5 → 0.2. Reported fact