AJ VESTFOLD BYGG AS: årsregnskap 2021 vs 2020
Grew 46% on revenue, slipped into loss, cash halved-plus
approved 2022-03-03; registry 2022-03-12; journal 2022 142341
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJ VESTFOLD BYGG AS. Revenue 1.40m NOK → 2.04m NOK (+45.6%). Net result +110.7k NOK → -138.9k NOK. Equity 249.6k NOK → 110.7k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ VESTFOLD BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.40m NOK to 2.04m NOK (+45.6% YoY). Calculated
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Payroll decreased
Salary cost 2084.83bn NOK → 2 NOK (148616001% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +136.3k NOK → -138.8k NOK (op. margin 9.7% → -6.8%). Calculated
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Fell into a net loss
Net result flipped from 110.7k NOK profit to a loss of 138.9k NOK. Calculated
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Equity eroded
Book equity 249.6k NOK → 110.7k NOK (equity ratio 46.1% → 27.1%). Calculated
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Cash fell
Bank deposits 434.4k NOK → 198.8k NOK (-54.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value -2 410 NOK → 0 NOK. Reported fact