AD BYGG & VVS AS: årsregnskap 2022 vs 2021
Grew 46% on revenue, slipped into loss, cash halved-plus
approved 2023-06-28; registry 2023-07-03; journal 2023 551086
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AD BYGG & VVS AS. Revenue 2.00m NOK → 2.92m NOK (+46.2%). Net result +18.8k NOK → -19.1k NOK. Equity 194.4k NOK → 175.2k NOK.
On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AD BYGG & VVS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.00m NOK to 2.92m NOK (+46.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio -7.15× → 1.26×. Calculated
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↑
Payroll decreased
Salary cost 3.85m NOK → 3 NOK (192% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +22.8k NOK → -50.9k NOK (op. margin 1.1% → -1.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 18.8k NOK profit to a loss of 19.1k NOK. Calculated
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↓
Equity eroded
Book equity 194.4k NOK → 175.2k NOK. Calculated
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↓
Cash fell
Bank deposits 20.8k NOK → 4 458 NOK (-78.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 938.9k NOK → 586.7k NOK (-37.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact