ADAL. P. BYGG AS: årsregnskap 2021 vs 2020
Grew 27% on revenue, slipped into loss
approved 2022-06-12; registry 2022-06-21; journal 2022 486798
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAL. P. BYGG AS. Revenue 4.63m NOK → 5.90m NOK (+27.4%). Net result +676.1k NOK → -536.9k NOK. Equity 801.8k NOK → 264.9k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
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
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↑
Revenue rose
Operating income / revenue moved from 4.63m NOK to 5.90m NOK (+27.4% YoY). Calculated
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↑
Cash rose
Bank deposits 41.5k NOK → 168.4k NOK (+305.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.63× → 1.17×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +888.6k NOK → -548.8k NOK (op. margin 19.2% → -9.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 676.1k NOK profit to a loss of 536.9k NOK. Calculated
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↓
Equity eroded
Book equity 801.8k NOK → 264.9k NOK (equity ratio 1994.7% → 22.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.59m NOK → 3.98m NOK (56% → 67% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 495.7k NOK → 840.6k NOK (+69.6% YoY). Calculated