FirmaIQ
Org.nr 947 246 852 2018 → 2019 Year-over-year analysis

3 - BYGGMESTER AS: årsregnskap 2019 vs 2018

Grew 9% on revenue, stronger earnings, cash halved-plus

approved 2020-05-06; registry 2020-05-27; journal 2020 371831

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3 - BYGGMESTER AS. Revenue 20.00m NOK → 21.73m NOK (+8.7%). Net result +380.1k NOK → +589.6k NOK. Equity 4.04m NOK → 4.63m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 3 - BYGGMESTER AS.

At a glance

Scorecard

Revenue
20.00m NOK 21.73m NOK
+8.7%
Operating result
+496.3k NOK +744.2k NOK
+49.9%
Net result
+380.1k NOK +589.6k NOK
+55.1%
Equity
4.04m NOK 4.63m NOK
+14.6%
Cash
4.80m NOK 1.23m NOK
-74.3%
Total assets
10.53m NOK 7.28m NOK
-30.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.00m NOK to 21.73m NOK (+8.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +496.3k NOK → +744.2k NOK (op. margin 2.5% → 3.4%). Calculated

  • ↑

    Net result improved

    Net result +380.1k NOK → +589.6k NOK (net margin 1.9% → 2.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.04m NOK → 4.63m NOK (equity ratio 38.4% → 63.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.74× → 2.33×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.80m NOK → 1.23m NOK (-74.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.80m NOK → 1.23m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 10.49m NOK → 4.57m NOK (-56.4% YoY). Calculated