ADAL. P. BYGG AS: årsregnskap 2020 vs 2019
Grew 88% on revenue, stronger earnings, cash halved-plus
approved 2021-05-04; registry 2021-05-06; journal 2021 268119
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAL. P. BYGG AS. Revenue 2.46m NOK → 4.63m NOK (+88.4%). Net result +147.7k NOK → +676.1k NOK. Equity 125.8k NOK → 801.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAL. P. BYGG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.46m NOK to 4.63m NOK (+88.4% YoY). Calculated
-
↑
Operating result improved
Operating result +187.9k NOK → +888.6k NOK (op. margin 7.6% → 19.2%). Calculated
-
↑
Net result improved
Net result +147.7k NOK → +676.1k NOK (net margin 6.0% → 14.6%). Calculated
-
↑
Equity strengthened
Book equity 125.8k NOK → 801.8k NOK (equity ratio 15.9% → 1994.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 299.4k NOK → 41.5k NOK (-86.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 621 NOK → 2.59m NOK (0% → 56% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 22.7k NOK → 495.7k NOK (+2087.0% YoY). Calculated