2S BYGG AS: årsregnskap 2022 vs 2021
Grew 39% on revenue, slipped into loss, cash halved-plus
approved 2023-06-29; registry 2023-07-04; journal 2023 569933
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2S BYGG AS. Revenue 811.7k NOK → 1.13m NOK (+38.9%). Net result +621.2k NOK → -126.7k NOK. Equity 0 NOK → -104.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 2S BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 811.7k NOK to 1.13m NOK (+38.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +661.5k NOK → -117.6k NOK (op. margin 81.5% → -10.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 621.2k NOK profit to a loss of 126.7k NOK. Calculated
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↓
Equity eroded
Book equity 0 NOK → -104.3k NOK (equity ratio 0.0% → -12.2%). Calculated
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↓
Cash fell
Bank deposits 174.6k NOK → 46.7k NOK (-73.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -12.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 49.30bn NOK (0% → 4372984% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 101.3k NOK → 63.3k NOK (-37.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0.2 → 2. Reported fact