Org.nr 987 574 003 2019 → 2020 Year-over-year analysis

AGETO AS: årsregnskap 2020 vs 2019

Grew 40% on revenue, slipped into loss

approved 2021-05-07; registry 2021-05-10; journal 2021 277262

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGETO AS. Revenue 163.4k NOK → 229.5k NOK (+40.5%). Net result +563.4k NOK → -239.2k NOK. Equity 835.6k NOK → 11.84m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss.

Net constructive year on the published lines.

Scorecard

Revenue
163.4k NOK 229.5k NOK
+40.5%
Operating result
-529.0k NOK -146.0k NOK
+72.4%
Net result
+563.4k NOK -239.2k NOK
-142.5%
Equity
835.6k NOK 11.84m NOK
+1317.2%
Cash
4 207 NOK 21.5k NOK
+411.9%
Total assets
6.18m NOK 5.69m NOK
-8.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 163.4k NOK to 229.5k NOK (+40.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -529.0k NOK → -146.0k NOK (op. margin -323.8% → -63.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 835.6k NOK → 11.84m NOK (equity ratio 13.5% → 208.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 207 NOK → 21.5k NOK (+411.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.83m NOK → 3.08m NOK (+245.7k NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 563.4k NOK profit to a loss of 239.2k NOK. Calculated