A-B BYGG OG MALERTJENESTE AS: årsregnskap 2021 vs 2020
Shrank 11% on revenue, returned to profit
approved 2022-06-30; registry 2022-07-30; journal 2022 737304
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-B BYGG OG MALERTJENESTE AS. Revenue 8.58m NOK → 7.66m NOK (-10.8%). Net result -356.9k NOK → +342.6k NOK. Equity 14 NOK → 325.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A-B BYGG OG MALERTJENESTE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -299.0k NOK → +393.1k NOK (op. margin -3.5% → 5.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 356.9k NOK to a profit of 342.6k NOK. Calculated
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↑
Equity strengthened
Book equity 14 NOK → 325.1k NOK (equity ratio 0.0% → 14.4%). Calculated
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↑
Cash rose
Bank deposits 431.7k NOK → 787.6k NOK (+82.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.96× → 1.24×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.58m NOK to 7.66m NOK (-10.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.13m NOK → 3.77m NOK (-8.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 184 NOK → 30.0k NOK. Reported fact