AGENDA EIENDOM AS: årsregnskap 2021 vs 2020
Grew 23% on revenue, weaker earnings, cash halved-plus
approved 2022-04-19; registry 2022-05-30; journal 2022 283849
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGENDA EIENDOM AS. Revenue 12.99m NOK → 16.03m NOK (+23.4%). Net result -25.2k NOK → -98.4k NOK. Equity 1.17m NOK → 1.07m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGENDA EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.99m NOK to 16.03m NOK (+23.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -78.0k NOK → -137.9k NOK (op. margin -0.6% → -0.9%). Calculated
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↓
Net result weakened
Net result -25.2k NOK → -98.4k NOK (net margin -0.2% → -0.6%). Calculated
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↓
Equity eroded
Book equity 1.17m NOK → 1.07m NOK (equity ratio 28.0% → 19.5%). Calculated
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↓
Cash fell
Bank deposits 2.25m NOK → 659.2k NOK (-70.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.25m NOK → 659.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 3.34m NOK → 3.68m NOK (26% → 23% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.85m NOK → 11.60m NOK (+31.1% YoY). Calculated