3S BYGG AS: årsregnskap 2021 vs 2020
Grew 557% on revenue, weaker earnings
registry 2022-06-04; journal 2022 418875
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3S BYGG AS. Revenue 563.6k NOK → 3.70m NOK (+556.6%). Net result +5.12m NOK → +285.8k NOK. Equity 145.5k NOK → 431.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 3S BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 563.6k NOK to 3.70m NOK (+556.6% YoY). Calculated
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↑
Operating result improved
Operating result +160.3k NOK → +366.5k NOK (op. margin 28.4% → 9.9%). Calculated
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↑
Equity strengthened
Book equity 145.5k NOK → 431.3k NOK (equity ratio 21.4% → 256.2%). Calculated
What deteriorated
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↓
Net result weakened
Net result +5.12m NOK → +285.8k NOK (net margin 909.1% → 7.7%). Calculated
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↓
Cash fell
Bank deposits 624.1k NOK → 615.3k NOK (-1.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.98m NOK → 2.19m NOK (351% → 59% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 669.1k NOK → 403.2k NOK (-39.7% YoY). Calculated