AGENT M AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, slipped into loss
approved 2021-05-30; registry 2021-08-02; journal 2021 603712
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENT M AS. Revenue 3.00m NOK → 2 037 NOK (-99.9%). Net result +6 263 NOK → -104.2k NOK. Equity 319.1k NOK → 214.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AGENT M AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 356.5k NOK → 325.3k NOK (12% → 15968% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.00m NOK to 2 037 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +120.9k NOK → -52.1k NOK (op. margin 4.0% → -2556.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 6 263 NOK profit to a loss of 104.2k NOK. Calculated
-
↓
Equity eroded
Book equity 319.1k NOK → 214.9k NOK (equity ratio 50.0% → 55.9%). Calculated
-
↓
Cash fell
Bank deposits -46.5k NOK → -135.0k NOK (-190.3% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 319.1k NOK → 214.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 1.79m NOK → 1 270 NOK (-99.9% YoY). Calculated