AGENDA UTVIKLING AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, weaker earnings
approved 2021-06-04; registry 2021-08-11; journal 2021 620210
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENDA UTVIKLING AS. Revenue 2.77m NOK → 2 770 NOK (-99.9%). Net result +144.7k NOK → +10.9k NOK. Equity 168.9k NOK → 179.8k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGENDA UTVIKLING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 168.9k NOK → 179.8k NOK (equity ratio 6.7% → 6.0%). Calculated
-
↑
Cash rose
Bank deposits 869 NOK → 157.2k NOK (+17994.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.77m NOK to 2 770 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +209.5k NOK → -21.6k NOK (op. margin 7.6% → -780.2%). Calculated
-
↓
Net result weakened
Net result +144.7k NOK → +10.9k NOK (net margin 5.2% → 394.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation