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Org.nr 996 494 225 2019 → 2020 Year-over-year analysis

AD PROSJEKT BYGG AS: årsregnskap 2020 vs 2019

Shrank 59% on revenue, slipped into loss

approved 2021-08-09; registry 2021-09-28; journal 2021 746963

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AD PROSJEKT BYGG AS. Revenue 38.00m NOK → 15.65m NOK (-58.8%). Net result +1.42m NOK → -1.02m NOK. Equity 3.68m NOK → 2.74m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD PROSJEKT BYGG AS.

At a glance

Scorecard

Revenue
38.00m NOK 15.65m NOK
-58.8%
Operating result
+1.86m NOK -1.29m NOK
-169.4%
Net result
+1.42m NOK -1.02m NOK
-171.6%
Equity
3.68m NOK 2.74m NOK
-25.5%
Cash
1.89m NOK 1.73m NOK
-8.4%
Total assets
8.23m NOK 5.97m NOK
-27.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.77m NOK → 1.81m NOK (7% → 12% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 38.00m NOK to 15.65m NOK (-58.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.86m NOK → -1.29m NOK (op. margin 4.9% → -8.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.42m NOK profit to a loss of 1.02m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.68m NOK → 2.74m NOK (equity ratio 44.8% → 45.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.89m NOK → 1.73m NOK (-8.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 32.30m NOK → 14.26m NOK (-55.9% YoY). Calculated