ADAM BYGG AS: årsregnskap 2021 vs 2020
Grew 10% on revenue, slipped into loss, cash halved-plus
approved 2022-07-14; registry 2022-07-30; journal 2022 743010
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAM BYGG AS. Revenue 4.86m NOK → 5.33m NOK (+9.7%). Net result +42.4k NOK → -132.1k NOK. Equity 11.75m NOK → 12.25m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADAM BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.86m NOK to 5.33m NOK (+9.7% YoY). Calculated
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↑
Equity strengthened
Book equity 11.75m NOK → 12.25m NOK (equity ratio 45343.1% → 828.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +114.4k NOK → -97.7k NOK (op. margin 2.4% → -1.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 42.4k NOK profit to a loss of 132.1k NOK. Calculated
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↓
Cash fell
Bank deposits 189.9k NOK → 75.4k NOK (-60.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.87× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.19m NOK → 3.56m NOK (+11.8% YoY). Calculated