AGENDA HAIR AS: årsregnskap 2021 vs 2020
Grew 18% on revenue, weaker earnings
approved 2022-05-25; registry 2022-06-30; journal 2022 558668
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGENDA HAIR AS. Revenue 4.80m NOK → 5.65m NOK (+17.7%). Net result +566.9k NOK → +297.0k NOK. Equity 1.21m NOK → 1.01m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
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 4.80m NOK to 5.65m NOK (+17.7% YoY). Calculated
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↑
Cash rose
Bank deposits 530.3k NOK → 1.01m NOK (+91.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +729.5k NOK → +396.2k NOK (op. margin 15.2% → 7.0%). Calculated
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↓
Net result weakened
Net result +566.9k NOK → +297.0k NOK (net margin 11.8% → 5.3%). Calculated
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↓
Equity eroded
Book equity 1.21m NOK → 1.01m NOK (equity ratio 54.6% → 49.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.70m NOK → 3.48m NOK (56% → 62% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 698.2k NOK → 796.7k NOK (+14.1% YoY). Calculated