A-BYGG & FASADE AS: årsregnskap 2021 vs 2020
Grew 28% on revenue, slipped into loss
approved 2022-07-15; registry 2022-07-27; journal 2022 803454
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-BYGG & FASADE AS. Revenue 3.88m NOK → 4.96m NOK (+27.7%). Net result +2 849 NOK → -702.5k NOK. Equity 74.4k NOK → -628.1k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A-BYGG & FASADE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.88m NOK to 4.96m NOK (+27.7% YoY). Calculated
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↑
Cash rose
Bank deposits 91.2k NOK → 186.6k NOK (+104.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.72× → 10.24×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4 456 NOK → -666.3k NOK (op. margin 0.1% → -13.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 2 849 NOK profit to a loss of 702.5k NOK. Calculated
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↓
Equity eroded
Book equity 74.4k NOK → -628.1k NOK (equity ratio 14.5% → -80.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -80.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1.96m NOK → 3.12m NOK (+59.2% YoY). Calculated