AIG BYGG AS: årsregnskap 2020 vs 2019
Grew 73% on revenue, cash halved-plus
approved 2022-02-02; registry 2022-02-08; journal 2022 113550
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIG BYGG AS. Revenue 9.36m NOK → 16.22m NOK (+73.3%). Net result +208.3k NOK → +196.5k NOK. Equity 476.38m NOK → 672.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIG BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.36m NOK to 16.22m NOK (+73.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +285.8k NOK → +280.0k NOK (op. margin 3.1% → 1.7%). Calculated
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↓
Net result weakened
Net result +208.3k NOK → +196.5k NOK (net margin 2.2% → 1.2%). Calculated
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↓
Equity eroded
Book equity 476.38m NOK → 672.9k NOK (equity ratio 13409.3% → 10.2%). Calculated
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↓
Cash fell
Bank deposits 926.4k NOK → 284.4k NOK (-69.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.38× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 3.36m NOK → 3.64m NOK (36% → 22% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.07m NOK → 11.33m NOK (+123.6% YoY). Calculated