A2 BYGG AS: årsregnskap 2020 vs 2019
Grew 10% on revenue, returned to profit
approved 2021-07-13; registry 2021-07-17; journal 2021 575192
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A2 BYGG AS. Revenue 4.22m NOK → 4.66m NOK (+10.3%). Net result -13.8k NOK → +342.3k NOK. Equity 1.09m NOK → 1.43m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell. 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 4.22m NOK to 4.66m NOK (+10.3% YoY). Calculated
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↑
Operating result improved
Operating result +238.7k NOK → +686.9k NOK (op. margin 5.7% → 14.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 13.8k NOK to a profit of 342.3k NOK. Calculated
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↑
Equity strengthened
Book equity 1.09m NOK → 1.43m NOK (equity ratio 14.3% → 19.1%). Calculated
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↑
Cash rose
Bank deposits 93.8k NOK → 378.6k NOK (+303.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 4.76× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.62m NOK → 1.60m NOK (-1.5% YoY). Calculated