ADVANCED BYGG AS: årsregnskap 2020 vs 2019
Grew 239% on revenue, slipped into loss, cash halved-plus
approved 2021-06-30; registry 2021-09-01; journal 2021 708076
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVANCED BYGG AS. Revenue 61.4k NOK → 207.7k NOK (+238.6%). Net result +32.0k NOK → -11.9k NOK. Equity 62.0k NOK → 50.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVANCED BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 61.4k NOK to 207.7k NOK (+238.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +41.0k NOK → -7 533 NOK (op. margin 66.9% → -3.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 32.0k NOK profit to a loss of 11.9k NOK. Calculated
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↓
Equity eroded
Book equity 62.0k NOK → 50.1k NOK (equity ratio 84.7% → 87.1%). Calculated
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↓
Cash fell
Bank deposits 8 815 NOK → 635 NOK (-92.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 5 398 NOK → 111.5k NOK (+1965.1% YoY). Calculated