AGENDA RES PUBLICA MEDIA AS: årsregnskap 2020 vs 2019
Grew 36% on revenue, weaker earnings, cash halved-plus
approved 2021-06-14; registry 2021-07-12; journal 2021 471281
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENDA RES PUBLICA MEDIA AS. Revenue 10.23m NOK → 13.86m NOK (+35.5%). Net result +366.6k NOK → +239.1k NOK. Equity -454.0k NOK → 12.79m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGENDA RES PUBLICA MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.23m NOK to 13.86m NOK (+35.5% YoY). Calculated
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↑
Operating result improved
Operating result -463.7k NOK → +600.3k NOK (op. margin -4.5% → 4.3%). Calculated
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↑
Equity strengthened
Book equity -454.0k NOK → 12.79m NOK (equity ratio -23.8% → 266.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.73× → 1.15×. Calculated
What deteriorated
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↓
Net result weakened
Net result +366.6k NOK → +239.1k NOK (net margin 3.6% → 1.7%). Calculated
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↓
Cash fell
Bank deposits 499.4k NOK → 24.6k NOK (-95.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 5.95m NOK (0% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.09m NOK → 3.83m NOK (+83.1% YoY). Calculated