AGENDA HAIR AS: årsregnskap 2020 vs 2019
Grew 21% on revenue, stronger earnings
approved 2021-03-16; registry 2021-04-12; journal 2021 188381
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENDA HAIR AS. Revenue 3.97m NOK → 4.80m NOK (+20.9%). Net result +3 199 NOK → +566.9k NOK. Equity 707.2k NOK → 1.21m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGENDA HAIR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.97m NOK to 4.80m NOK (+20.9% YoY). Calculated
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Operating result improved
Operating result +393.6k NOK → +729.5k NOK (op. margin 9.9% → 15.2%). Calculated
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Net result improved
Net result +3 199 NOK → +566.9k NOK (net margin 0.1% → 11.8%). Calculated
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↑
Equity strengthened
Book equity 707.2k NOK → 1.21m NOK (equity ratio 48.7% → 54.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 927.0k NOK → 530.3k NOK (-42.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.26m NOK → 2.70m NOK (57% → 56% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 563.7k NOK → 698.2k NOK (+23.9% YoY). Calculated