AC BYGG AS: årsregnskap 2020 vs 2019
Shrank 11% on revenue, stronger earnings, cash halved-plus
approved 2020-12-31; registry 2021-09-01; journal 2021 703820
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AC BYGG AS. Revenue 137.2k NOK → 122.7k NOK (-10.6%). Net result -19.0k NOK → -8 773 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AC BYGG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -20.6k NOK → -8 721 NOK (op. margin -15.0% → -7.1%). Calculated
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↑
Net result improved
Net result -19.0k NOK → -8 773 NOK (net margin -13.9% → -7.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 137.2k NOK to 122.7k NOK (-10.6% YoY). Calculated
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↓
Cash fell
Bank deposits 635.6k NOK → 46.7k NOK (-92.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 0 NOK → 22.0k NOK (0% → 18% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 137.4k NOK → 92.8k NOK (-32.4% YoY). Calculated