A 1 BYGGMESTER JOHAN AS: årsregnskap 2020 vs 2019
Grew 12% on revenue, returned to profit
registry 2021-10-20; journal 2021 837414
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A 1 BYGGMESTER JOHAN AS. Revenue 724.4k NOK → 808.6k NOK (+11.6%). Net result -561.6k NOK → +896.5k NOK. Equity 14.66m NOK → 12 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A 1 BYGGMESTER JOHAN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 724.4k NOK to 808.6k NOK (+11.6% YoY). Calculated
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Operating result improved
Operating result -553.6k NOK → +895.4k NOK (op. margin -76.4% → 110.7%). Calculated
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Turned profitable
Net result flipped from a loss of 561.6k NOK to a profit of 896.5k NOK. Calculated
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Cash rose
Bank deposits 139.5k NOK → 611.9k NOK (+338.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 14.66m NOK → 12 NOK (equity ratio 1789.7% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 270.0k NOK → 377.2k NOK (+39.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 511.5k NOK → 514.5k NOK. Reported fact