Org.nr 986 997 903 2019 → 2020 Year-over-year analysis

3 - BYGG HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit, cash halved-plus

approved 2021-06-11; registry 2021-08-18; journal 2021 626896

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3 - BYGG HOLDING AS. Revenue 0 NOK → 8.20m NOK. Net result -454 NOK → +8.43m NOK. Equity 146.9k NOK → 192.3k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3 - BYGG HOLDING AS.

Scorecard

Revenue
0 NOK 8.20m NOK
—
Operating result
-426 NOK -18.8k NOK
-4302.1%
Net result
-454 NOK +8.43m NOK
+1856768.3%
Equity
146.9k NOK 192.3k NOK
+30.9%
Cash
413.0k NOK 1 660 NOK
-99.6%
Total assets
987.3k NOK 628.0k NOK
-36.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 8.20m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 454 NOK to a profit of 8.43m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 146.9k NOK → 192.3k NOK (equity ratio 14.9% → 30.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 17.55×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -426 NOK → -18.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 413.0k NOK → 1 660 NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 8 200 NOK (None YoY). Calculated