Org.nr 918 589 961 2019 → 2020 Year-over-year analysis

A-Å BYGG OG MASKIN AS: årsregnskap 2020 vs 2019

Grew 26% on revenue, cash halved-plus

approved 2021-01-11; registry 2021-02-20; journal 2021 119563

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-Å BYGG OG MASKIN AS. Revenue 1.50m NOK → 1.90m NOK (+26.4%). Equity 379.1k NOK → 693.0k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A-Å BYGG OG MASKIN AS.

At a glance

Revenue

1.50m NOK 1.90m NOK

+26.4%

Operating result

n/m +402.9k NOK

—

Net result

n/m +314.0k NOK

—

Equity

379.1k NOK 693.0k NOK

+82.8%

Cash

4.28m NOK 66.2k NOK

-98.5%

Total assets

564.2k NOK 941.1k NOK

+66.8%

↑
Revenue rose

Operating income / revenue moved from 1.50m NOK to 1.90m NOK (+26.4% YoY). Calculated
↑
Equity strengthened

Book equity 379.1k NOK → 693.0k NOK (equity ratio 67.2% → 73.6%). Calculated
↑
Payroll decreased

Salary cost 591.5k NOK → 548.5k NOK (39% → 29% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.28m NOK → 66.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 446.1k NOK → 377.8k NOK (-15.3% YoY). Calculated