FirmaIQ
Org.nr 989 575 716 2020 → 2021 Year-over-year analysis

A BYGG ENTREPRENØR AS: årsregnskap 2021 vs 2020

Grew 73% on revenue, weaker earnings, cash halved-plus

approved 2022-04-05; registry 2022-05-09; journal 2022 215345

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A BYGG ENTREPRENØR AS. Revenue 346.27m NOK → 597.74m NOK (+72.6%). Net result +9.00m NOK → +3.99m NOK. Equity 48.37m NOK → 52.36m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A BYGG ENTREPRENØR AS.

At a glance

Scorecard

Revenue
346.27m NOK 597.74m NOK
+72.6%
Operating result
+11.34m NOK +4.23m NOK
-62.7%
Net result
+9.00m NOK +3.99m NOK
-55.7%
Equity
48.37m NOK 52.36m NOK
+8.2%
Cash
46.23m NOK 1.55m NOK
-96.7%
Total assets
142.24m NOK 287.84m NOK
+102.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 346.27m NOK to 597.74m NOK (+72.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 48.37m NOK → 52.36m NOK (equity ratio 34.0% → 18.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +11.34m NOK → +4.23m NOK (op. margin 3.3% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +9.00m NOK → +3.99m NOK (net margin 2.6% → 0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 46.23m NOK → 1.55m NOK (-96.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (46.23m NOK → 1.55m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 32.55m NOK → 36.05m NOK (9% → 6% of revenue). Calculated