A.G.O HOLDING AS: årsregnskap 2021 vs 2020
Grew 2853% on revenue, stronger earnings
registry 2022-07-02; journal 2022 585438
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.G.O HOLDING AS. Revenue 143.8k NOK → 4.25m NOK (+2852.5%). Net result +9 864 NOK → +31.2k NOK. Equity 0 NOK → 61.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.G.O HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 143.8k NOK to 4.25m NOK (+2852.5% YoY). Calculated
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Operating result improved
Operating result +11.8k NOK → +62.4k NOK (op. margin 8.2% → 1.5%). Calculated
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Net result improved
Net result +9 864 NOK → +31.2k NOK (net margin 6.9% → 0.7%). Calculated
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Equity strengthened
Book equity 0 NOK → 61.8k NOK (equity ratio 0.0% → 1.6%). Calculated
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Cash rose
Bank deposits 75.0k NOK → 403.8k NOK (+438.4% YoY). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 1.13× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 57.3k NOK → 1.99m NOK (+3371.2% YoY). Calculated