AGENCY M AS: årsregnskap 2021 vs 2020
Grew 691% on revenue, weaker earnings
approved 2022-03-27; registry 2022-04-11; journal 2022 199521
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGENCY M AS. Revenue 238.6k NOK → 1.89m NOK (+691.3%). Net result +81.2k NOK → +46.8k NOK. Equity 11.14m NOK → 190.2k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGENCY M AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 238.6k NOK to 1.89m NOK (+691.3% YoY). Calculated
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↑
Cash rose
Bank deposits 198.5k NOK → 307.7k NOK (+55.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 534.7k NOK → 2 NOK (224% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +104.5k NOK → +59.1k NOK (op. margin 43.8% → 3.1%). Calculated
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↓
Net result weakened
Net result +81.2k NOK → +46.8k NOK (net margin 34.0% → 2.5%). Calculated
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↓
Equity eroded
Book equity 11.14m NOK → 190.2k NOK (equity ratio 4005.5% → 43.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 200.1k NOK → 88.9k NOK (-55.6% YoY). Calculated