AJ SANDNES BYGG AS: årsregnskap 2020 vs 2019
Grew 28% on revenue, returned to profit
approved 2021-06-23; registry 2021-07-13; journal 2021 478547
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJ SANDNES BYGG AS. Revenue 15.69m NOK → 20.03m NOK (+27.7%). Net result -397.0k NOK → +566.0k NOK. Equity 7.64m NOK → 7.91m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ SANDNES BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.69m NOK to 20.03m NOK (+27.7% YoY). Calculated
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Operating result improved
Operating result -572.3k NOK → +655.5k NOK (op. margin -3.6% → 3.3%). Calculated
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Turned profitable
Net result flipped from a loss of 397.0k NOK to a profit of 566.0k NOK. Calculated
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Equity strengthened
Book equity 7.64m NOK → 7.91m NOK (equity ratio 68.2% → 68.8%). Calculated
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Cash rose
Bank deposits 4.96m NOK → 6.68m NOK (+34.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 7.02m NOK → 7.79m NOK (45% → 39% of revenue). Calculated
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COGS moved
COGS / varekostnad 7.46m NOK → 9.53m NOK (+27.9% YoY). Calculated