BYGGMA ASA: årsregnskap 2020 vs 2019
Grew 109007% on revenue, stronger earnings, cash halved-plus
approved 2021-05-28; registry 2021-07-20; journal 2021 519406
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for BYGGMA ASA. Revenue 445 NOK → 485.5k NOK (+109007.2%). Net result 0 NOK → +94.4k NOK. Equity 525.60m NOK → 54.30m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for BYGGMA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 445 NOK to 485.5k NOK (+109007.2% YoY). Calculated
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↑
Net result improved
Net result 0 NOK → +94.4k NOK (net margin 0.0% → 19.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +72.5k NOK → -15.3k NOK (op. margin 16298.0% → -3.1%). Calculated
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↓
Equity eroded
Book equity 525.60m NOK → 54.30m NOK (equity ratio 80.2% → 6.6%). Calculated
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↓
Cash fell
Bank deposits 212.9k NOK → 220 NOK (-99.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 027 NOK → 935.0k NOK (231% → 193% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 323.3k NOK → 318.9k NOK. Reported fact