AGENDA ØKONOMI AS: årsregnskap 2019 vs 2018
Grew 103% on revenue, stronger earnings, cash halved-plus
approved 2020-08-20; registry 2020-09-05; journal 2020 746414
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGENDA ØKONOMI AS. Revenue 2.32m NOK → 4.72m NOK (+103.1%). Net result +303.9k NOK → +445.7k NOK. Equity 392.7k NOK → 838.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGENDA ØKONOMI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.32m NOK to 4.72m NOK (+103.1% YoY). Calculated
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Operating result improved
Operating result +386.3k NOK → +608.4k NOK (op. margin 16.6% → 12.9%). Calculated
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Net result improved
Net result +303.9k NOK → +445.7k NOK (net margin 13.1% → 9.4%). Calculated
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Equity strengthened
Book equity 392.7k NOK → 838.4k NOK (equity ratio 619.1% → 30.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.09× → 1.99×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 630.6k NOK → 107.6k NOK (-82.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.07m NOK → 3.28m NOK (46% → 70% of revenue). Calculated
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COGS fell
COGS / varekostnad 16.7k NOK → 8 938 NOK (-46.6% YoY). Calculated