A&B BYGGMONTASJE AS: årsregnskap 2021 vs 2020
Grew 82% on revenue, weaker earnings, cash halved-plus
approved 2022-06-27; registry 2022-07-14; journal 2022 704670
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A&B BYGGMONTASJE AS. Revenue 5.06m NOK → 9.20m NOK (+82.1%). Net result +107.7k NOK → +12.9k NOK. Equity -45.2k NOK → 905.7k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A&B BYGGMONTASJE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.06m NOK to 9.20m NOK (+82.1% YoY). Calculated
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Operating result improved
Operating result +160.7k NOK → +313.8k NOK (op. margin 3.2% → 3.4%). Calculated
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Equity strengthened
Book equity -45.2k NOK → 905.7k NOK (equity ratio -8.6% → 1080.1%). Calculated
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Current ratio back above 1×
Current ratio 0.84× → 19.74×. Calculated
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Payroll decreased
Salary cost 7.57m NOK → 3 NOK (150% → 0% of revenue). Calculated
What deteriorated
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Net result weakened
Net result +107.7k NOK → +12.9k NOK (net margin 2.1% → 0.1%). Calculated
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Cash fell
Bank deposits 175.5k NOK → 21.6k NOK (-87.7% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.54m NOK → 5.71m NOK (+61.1% YoY). Calculated