AJ BYGGKONSULT AS: årsregnskap 2021 vs 2020
Shrank 62% on revenue, stronger earnings
approved 2022-05-31; registry 2022-06-02; journal 2022 408087
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJ BYGGKONSULT AS. Revenue 902.4k NOK → 344.0k NOK (-61.9%). Net result -105.3k NOK → -9 830 NOK. Equity 12 NOK → -7 461 NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJ BYGGKONSULT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -104.5k NOK → -33.0k NOK (op. margin -11.6% → -9.6%). Calculated
-
↑
Net result improved
Net result -105.3k NOK → -9 830 NOK (net margin -11.7% → -2.9%). Calculated
-
↑
Cash rose
Bank deposits 12.9k NOK → 29.1k NOK (+125.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 902.4k NOK to 344.0k NOK (-61.9% YoY). Calculated
-
↓
Equity eroded
Book equity 12 NOK → -7 461 NOK (equity ratio 0.0% → -20.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 388.6k NOK → 4.21m NOK (43% → 1222% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -20.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 473.6k NOK → 53.7k NOK (-88.7% YoY). Calculated