Org.nr 979 165 285 2020 → 2021 Year-over-year analysis

BYGGMA ASA: årsregnskap 2021 vs 2020

Shrank 100% on revenue, stronger earnings

approved 2022-05-31; registry 2022-06-27; journal 2022 514769

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for BYGGMA ASA. Revenue 485.5k NOK → 555 NOK (-99.9%). Net result +94.4k NOK → +724.43m NOK. Equity 54.30m NOK → 708.91m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for BYGGMA ASA.

Scorecard

Revenue
485.5k NOK 555 NOK
-99.9%
Operating result
-15.3k NOK -17.9k NOK
-16.8%
Net result
+94.4k NOK +724.43m NOK
+767550.7%
Equity
54.30m NOK 708.91m NOK
+1205.5%
Cash
220 NOK 4 000 NOK
+1718.2%
Total assets
820.50m NOK 1.19bn NOK
+45.2%

What improved

  • ↑

    Net result improved

    Net result +94.4k NOK → +724.43m NOK (net margin 19.4% → 130528288.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 54.30m NOK → 708.91m NOK (equity ratio 6.6% → 59.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 220 NOK → 4 000 NOK (+1718.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 485.5k NOK to 555 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -15.3k NOK → -17.9k NOK (op. margin -3.1% → -3216.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 935.0k NOK → 960.0k NOK (193% → 172973% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 484 NOK → 553.7k NOK (+114307.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 318.9k NOK → 894 NOK. Reported fact