AGENDA ØKONOMI AS: årsregnskap 2021 vs 2020
Shrank 8% on revenue
approved 2022-06-03; registry 2022-06-16; journal 2022 439242
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGENDA ØKONOMI AS. Revenue 9.41m NOK → 8.70m NOK (-7.6%). Net result +712.0k NOK → +844.1k NOK. Equity 794.9k NOK → 1 239 NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; 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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Operating result improved
Operating result +3 165 NOK → +1.14m NOK (op. margin 0.0% → 13.0%). Calculated
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Net result improved
Net result +712.0k NOK → +844.1k NOK (net margin 7.6% → 9.7%). Calculated
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Cash rose
Bank deposits 2.25m NOK → 2.37m NOK (+5.3% YoY). Calculated
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Payroll decreased
Salary cost 5.75m NOK → 5.35m NOK (61% → 62% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.41m NOK to 8.70m NOK (-7.6% YoY). Calculated
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↓
Equity eroded
Book equity 794.9k NOK → 1 239 NOK (equity ratio 21.6% → 0.0%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 43.3k NOK → 13.2k NOK (-69.6% YoY). Calculated