AGENT M AS: årsregnskap 2021 vs 2020
Grew 69236% on revenue, weaker earnings
approved 2022-04-30; registry 2022-07-04; journal 2022 605283
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGENT M AS. Revenue 2 037 NOK → 1.41m NOK (+69236.3%). Net result -104.2k NOK → -193.4k NOK. Equity 214.9k NOK → 21.5k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AGENT M AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 037 NOK to 1.41m NOK (+69236.3% YoY). Calculated
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Cash rose
Bank deposits -135.0k NOK → 4 828 NOK (+103.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 325.3k NOK → 184.7k NOK (15968% → 13% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -52.1k NOK → -177.0k NOK (op. margin -2556.0% → -12.5%). Calculated
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↓
Net result weakened
Net result -104.2k NOK → -193.4k NOK (net margin -5115.4% → -13.7%). Calculated
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↓
Equity eroded
Book equity 214.9k NOK → 21.5k NOK (equity ratio 55.9% → 4.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 214.9k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 1 270 NOK → 991.5k NOK (+77974.0% YoY). Calculated