AGENTA AS: årsregnskap 2020 vs 2019
Shrank 75% on revenue, slipped into loss
approved 2021-08-20; registry 2021-08-23; journal 2021 672438
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENTA AS. Revenue 2.35m NOK → 578.2k NOK (-75.4%). Net result +104.3k NOK → -30.9k NOK. Equity 3 679 NOK → -27.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGENTA AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.46m NOK → 2.26m NOK (105% → 391% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.35m NOK to 578.2k NOK (-75.4% YoY). Calculated
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↓
Operating result weakened
Operating result +107.3k NOK → -28.4k NOK (op. margin 4.6% → -4.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 104.3k NOK profit to a loss of 30.9k NOK. Calculated
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↓
Equity eroded
Book equity 3 679 NOK → -27.3k NOK (equity ratio 2.4% → -29.2%). Calculated
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↓
Cash fell
Bank deposits 70.3k NOK → 48.1k NOK (-31.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 607.5k NOK → 138.6k NOK (-77.2% YoY). Calculated