Org.nr 917 231 117 2019 → 2020 Year-over-year analysis

ABC BYGGKONSTRUKSJON AS: årsregnskap 2020 vs 2019

Grew 53% on revenue

approved 2021-07-31; registry 2021-10-04; journal 2021 858728

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABC BYGGKONSTRUKSJON AS. Revenue 512.8k NOK → 785.2k NOK (+53.1%). Net result -25.2k NOK → -35.1k NOK. Equity 30.0k NOK → -48.7k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC BYGGKONSTRUKSJON AS.

Scorecard

Revenue
512.8k NOK 785.2k NOK
+53.1%
Operating result
n/m -32.5k NOK
—
Net result
-25.2k NOK -35.1k NOK
-39.2%
Equity
30.0k NOK -48.7k NOK
-262.3%
Cash
21.5k NOK 61.5k NOK
+185.6%
Total assets
82.7k NOK 132.9k NOK
+60.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 512.8k NOK to 785.2k NOK (+53.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 21.5k NOK → 61.5k NOK (+185.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -25.2k NOK → -35.1k NOK (net margin -4.9% → -4.5%). Calculated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → -48.7k NOK (equity ratio 36.3% → -36.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.57× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -36.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 361.4k NOK (0% → 46% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 140.3k NOK → 2 151 NOK (-98.5% YoY). Calculated