Org.nr 923 241 213 2019 → 2020 Year-over-year analysis

AGENCY M AS: årsregnskap 2020 vs 2019

Grew 64% on revenue

approved 2020-12-31; registry 2021-03-17; journal 2021 153563

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGENCY M AS. Revenue 145.4k NOK → 238.6k NOK (+64.1%). Equity 62.2k NOK → 11.14m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGENCY M AS.

At a glance

Revenue

145.4k NOK 238.6k NOK

+64.1%

Operating result

+29.1k NOK +104.5k NOK

+259.5%

Net result

n/m +81.2k NOK

—

Equity

62.2k NOK 11.14m NOK

+17810.8%

Cash

77.8k NOK 198.5k NOK

+155.0%

Total assets

115.5k NOK 278.2k NOK

+140.9%

↑
Revenue rose

Operating income / revenue moved from 145.4k NOK to 238.6k NOK (+64.1% YoY). Calculated
↑
Operating result improved

Operating result +29.1k NOK → +104.5k NOK (op. margin 20.0% → 43.8%). Calculated
↑
Equity strengthened

Book equity 62.2k NOK → 11.14m NOK (equity ratio 53.9% → 4005.5%). Calculated
↑
Cash rose

Bank deposits 77.8k NOK → 198.5k NOK (+155.0% YoY). Calculated

·
Payroll increased

Salary cost 2 116 NOK → 534.7k NOK (1% → 224% of revenue). Calculated