Org.nr 918 272 518 2020 → 2021 Year-over-year analysis

A-Z BYGGESERVICE IDCZAK AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-07-27; registry 2022-08-08; journal 2022 825306

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A-Z BYGGESERVICE IDCZAK AS. Revenue 2.77m NOK → 2.85m NOK (+2.9%). Net result -664.7k NOK → +292.6k NOK. Equity -837.8k NOK → -545.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A-Z BYGGESERVICE IDCZAK AS.

Scorecard

Revenue
2.77m NOK 2.85m NOK
+2.9%
Operating result
-574.8k NOK +484.4k NOK
+184.3%
Net result
-664.7k NOK +292.6k NOK
+144.0%
Equity
-837.8k NOK -545.2k NOK
+34.9%
Cash
-263.6k NOK 160.9k NOK
+161.1%
Total assets
-244.1k NOK 559.9k NOK
+329.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.77m NOK to 2.85m NOK (+2.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -574.8k NOK → +484.4k NOK (op. margin -20.8% → 17.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 664.7k NOK to a profit of 292.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -837.8k NOK → -545.2k NOK (equity ratio 343.3% → -97.4%). Calculated

  • ↑

    Cash rose

    Bank deposits -263.6k NOK → 160.9k NOK (+161.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -97.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 870 NOK → 50.5k NOK (+5704.6% YoY). Calculated