A2 BYGG AS: årsregnskap 2019 vs 2018
Grew 10% on revenue, slipped into loss, cash halved-plus
approved 2020-08-27; registry 2020-09-23; journal 2020 852900
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A2 BYGG AS. Revenue 3.85m NOK → 4.22m NOK (+9.7%). Net result +210.3k NOK → -13.8k NOK. Equity 1.10m NOK → 1.09m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A2 BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.85m NOK to 4.22m NOK (+9.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.62× → 4.76×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +482.7k NOK → +238.7k NOK (op. margin 12.5% → 5.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 210.3k NOK profit to a loss of 13.8k NOK. Calculated
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↓
Equity eroded
Book equity 1.10m NOK → 1.09m NOK (equity ratio 16.6% → 14.3%). Calculated
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↓
Cash fell
Bank deposits 341.4k NOK → 93.8k NOK (-72.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.33m NOK → 1.73m NOK (34% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.51m NOK → 1.62m NOK (+7.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value -6 521 NOK → 250.0k NOK. Reported fact