AGENDA ØKONOMI AS: årsregnskap 2020 vs 2019
Grew 99% on revenue, stronger earnings
approved 2021-08-16; registry 2021-08-31; journal 2021 654513
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENDA ØKONOMI AS. Revenue 4.72m NOK → 9.41m NOK (+99.5%). Net result +445.7k NOK → +712.0k NOK. Equity 838.4k NOK → 794.9k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. 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 4.72m NOK to 9.41m NOK (+99.5% YoY). Calculated
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↑
Net result improved
Net result +445.7k NOK → +712.0k NOK (net margin 9.4% → 7.6%). Calculated
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↑
Cash rose
Bank deposits 107.6k NOK → 2.25m NOK (+1987.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +608.4k NOK → +3 165 NOK (op. margin 12.9% → 0.0%). Calculated
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↓
Equity eroded
Book equity 838.4k NOK → 794.9k NOK (equity ratio 30.3% → 21.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.28m NOK → 5.75m NOK (70% → 61% of revenue). Calculated
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COGS moved
COGS / varekostnad 8 938 NOK → 43.3k NOK (+384.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 900.0k NOK → 20.0k NOK. Reported fact