AGENSO AS: årsregnskap 2021 vs 2020
Grew 12% on revenue, slipped into loss
approved 2022-02-01; registry 2022-06-01; journal 2022 383753
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGENSO AS. Revenue 2.02m NOK → 2.26m NOK (+12.1%). Net result +63.4k NOK → -287.3k NOK. Equity -46.6k NOK → -333.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGENSO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.02m NOK to 2.26m NOK (+12.1% YoY). Calculated
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↑
Cash rose
Bank deposits 227.3k NOK → 303.3k NOK (+33.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +71.9k NOK → -284.4k NOK (op. margin 3.6% → -12.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 63.4k NOK profit to a loss of 287.3k NOK. Calculated
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↓
Equity eroded
Book equity -46.6k NOK → -333.8k NOK (equity ratio -10.9% → -110.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -110.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation