Org.nr 976 842 197 2020 → 2021 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2021 vs 2020

Grew 272% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-06; journal 2022 801228

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3 BYGG MESTER EIENDOM AS. Revenue 44.50m NOK → 165.68m NOK (+272.3%). Net result +19.15m NOK → +28.57m NOK. Equity 164.18m NOK → 166.31m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

Scorecard

Revenue
44.50m NOK 165.68m NOK
+272.3%
Operating result
+24.45m NOK +36.00m NOK
+47.2%
Net result
+19.15m NOK +28.57m NOK
+49.2%
Equity
164.18m NOK 166.31m NOK
+1.3%
Cash
10.96m NOK 20.58m NOK
+87.8%
Total assets
233.01m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 44.50m NOK to 165.68m NOK (+272.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +24.45m NOK → +36.00m NOK (op. margin 55.0% → 21.7%). Calculated

  • ↑

    Net result improved

    Net result +19.15m NOK → +28.57m NOK (net margin 43.0% → 17.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 164.18m NOK → 166.31m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 10.96m NOK → 20.58m NOK (+87.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.74m NOK → 1.58m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 2.49m NOK → 2.59m NOK (6% → 2% of revenue). Calculated