AGERSBORG BYGG AS: årsregnskap 2020 vs 2019
Grew 68% on revenue, returned to profit
approved 2021-06-11; registry 2021-07-01; journal 2021 429082
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGERSBORG BYGG AS. Revenue 6.40m NOK → 10.73m NOK (+67.7%). Net result -127.0k NOK → +592.4k NOK. Equity 600.6k NOK → 777.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGERSBORG BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.40m NOK to 10.73m NOK (+67.7% YoY). Calculated
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↑
Operating result improved
Operating result -127.3k NOK → +742.8k NOK (op. margin -2.0% → 6.9%). Calculated
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Turned profitable
Net result flipped from a loss of 127.0k NOK to a profit of 592.4k NOK. Calculated
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↑
Equity strengthened
Book equity 600.6k NOK → 777.3k NOK (equity ratio 52773.8% → 34.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 605.8k NOK → 538.0k NOK (-11.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.97m NOK → 2.62m NOK (31% → 24% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.24m NOK → 6.26m NOK (+93.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 60.0k NOK → 90.0k NOK. Reported fact