Org.nr 920 959 156 2020 → 2021 Year-over-year analysis

AGF-ART AS: årsregnskap 2021 vs 2020

Grew 67% on revenue, returned to profit

approved 2022-03-21; registry 2022-07-11; journal 2022 674061

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGF-ART AS. Revenue 25.1k NOK → 41.9k NOK (+67.0%). Net result -590 NOK → +17.6k NOK. Equity -17.8k NOK → -177 NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

Scorecard

Revenue
25.1k NOK 41.9k NOK
+67.0%
Operating result
-590 NOK +17.6k NOK
+3088.5%
Net result
-590 NOK +17.6k NOK
+3088.5%
Equity
-17.8k NOK -177 NOK
+99.0%
Cash
26.8k NOK 44.5k NOK
+65.7%
Total assets
27.7k NOK 45.3k NOK
+63.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.1k NOK to 41.9k NOK (+67.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -590 NOK → +17.6k NOK (op. margin -2.4% → 42.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 590 NOK to a profit of 17.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -17.8k NOK → -177 NOK (equity ratio -64.3% → -0.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 26.8k NOK → 44.5k NOK (+65.7% YoY). Calculated