47BYGG AS: årsregnskap 2020 vs 2019
Grew 42% on revenue, slipped into loss
approved 2021-05-27; registry 2021-05-31; journal 2021 354715
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 47BYGG AS. Revenue 1.35m NOK → 1.91m NOK (+41.9%). Net result +2 628 NOK → -14.3k NOK. Equity 41.1k NOK → 26.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for 47BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.35m NOK to 1.91m NOK (+41.9% YoY). Calculated
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Payroll decreased
Salary cost 5 650 NOK → 2 NOK (0% → 0% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result +23.1k NOK → -15.7k NOK (op. margin 1.7% → -0.8%). Calculated
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Fell into a net loss
Net result flipped from 2 628 NOK profit to a loss of 14.3k NOK. Calculated
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Equity eroded
Book equity 41.1k NOK → 26.8k NOK (equity ratio 13.7% → 8.0%). Calculated
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Cash fell
Bank deposits 130.0k NOK → 107.5k NOK (-17.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS moved
COGS / varekostnad 190.9k NOK → 226.1k NOK (+18.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 4 318 NOK → 9 318 NOK. Reported fact