FirmaIQ
Org.nr 922 217 653 2020 → 2021 Year-over-year analysis

ADVANCED BYGG AS: årsregnskap 2021 vs 2020

Grew 111% on revenue, returned to profit

approved 2021-12-31; registry 2022-06-02; journal 2022 402517

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVANCED BYGG AS. Revenue 207.7k NOK → 437.9k NOK (+110.8%). Net result -11.9k NOK → +114.2k NOK. Equity 50.1k NOK → 164.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVANCED BYGG AS.

At a glance

Scorecard

Revenue
207.7k NOK 437.9k NOK
+110.8%
Operating result
-7 533 NOK +151.7k NOK
+2113.4%
Net result
-11.9k NOK +114.2k NOK
+1058.5%
Equity
50.1k NOK 164.3k NOK
+228.0%
Cash
635 NOK 92.9k NOK
+14532.4%
Total assets
57.5k NOK 202.8k NOK
+252.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 207.7k NOK to 437.9k NOK (+110.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -7 533 NOK → +151.7k NOK (op. margin -3.6% → 34.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 11.9k NOK to a profit of 114.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 50.1k NOK → 164.3k NOK (equity ratio 87.1% → 81.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 635 NOK → 92.9k NOK (+14532.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 111.5k NOK → 189.5k NOK (+70.0% YoY). Calculated