3 - BYGG HOLDING AS: årsregnskap 2021 vs 2020
Shrank 42% on revenue, weaker earnings, cash halved-plus
approved 2022-06-15; registry 2022-08-08; journal 2022 811636
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3 - BYGG HOLDING AS. Revenue 8.20m NOK → 4.75m NOK (-42.1%). Net result +8.43m NOK → +3.12m NOK. Equity 192.3k NOK → 147.8k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3 - BYGG HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -18.8k NOK → -11.2k NOK (op. margin -0.2% → -0.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.20m NOK to 4.75m NOK (-42.1% YoY). Calculated
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↓
Net result weakened
Net result +8.43m NOK → +3.12m NOK (net margin 102.8% → 65.7%). Calculated
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↓
Equity eroded
Book equity 192.3k NOK → 147.8k NOK (equity ratio 30.6% → 4.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 17.55× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 8 200 NOK → 4.75m NOK (+57826.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation