A+G DESIGN AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
registry 2021-07-27; journal 2021 592842
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A+G DESIGN AS. Revenue 0 NOK → 3 100 NOK. Net result -51.8k NOK → -19.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A+G DESIGN AS.
At a glance
Scorecard
Revenue
0 NOK
3 100 NOK
—
Operating result
-51.8k NOK
-19.5k NOK
+62.4%
Net result
-51.8k NOK
-19.5k NOK
+62.3%
Equity
n/m
-172.4k NOK
—
Cash
13.4k NOK
2 073 NOK
-84.5%
Total assets
46.8k NOK
27.2k NOK
-41.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 3 100 NOK. Calculated
-
↑
Operating result improved
Operating result -51.8k NOK → -19.5k NOK. Calculated
-
↑
Net result improved
Net result -51.8k NOK → -19.5k NOK. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 13.4k NOK → 2 073 NOK (-84.5% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 7 820 NOK → 1 771 NOK (-77.4% YoY). Calculated