2X4 BYGG AS: årsregnskap 2021 vs 2020
Shrank 78% on revenue, slipped into loss, cash halved-plus
approved 2022-05-06; registry 2022-05-25; journal 2022 336788
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2X4 BYGG AS. Revenue 1.10m NOK → 240.0k NOK (-78.2%). Net result +5.12m NOK → -71.0k NOK. Equity 608.8k NOK → 537.8k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2X4 BYGG AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.10m NOK to 240.0k NOK (-78.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +157.7k NOK → -92.5k NOK (op. margin 14.3% → -38.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 5.12m NOK profit to a loss of 71.0k NOK. Calculated
-
↓
Equity eroded
Book equity 608.8k NOK → 537.8k NOK (equity ratio 59.2% → 74.4%). Calculated
-
↓
Cash fell
Bank deposits 724.4k NOK → 223.0k NOK (-69.2% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 645.0k NOK → 128.8k NOK (-80.0% YoY). Calculated