FirmaIQ
Org.nr 994 700 111 2019 → 2020 Year-over-year analysis

AGF AS: årsregnskap 2020 vs 2019

Shrank 82% on revenue, weaker earnings

approved 2021-06-08; registry 2021-07-05; journal 2021 443228

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGF AS. Revenue 5.17m NOK → 909.8k NOK (-82.4%). Net result +1.99m NOK → +1.35m NOK. Equity 4.20bn NOK → 4.20bn NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGF AS.

At a glance

Scorecard

Revenue
5.17m NOK 909.8k NOK
-82.4%
Operating result
+2.42m NOK +833.1k NOK
-65.6%
Net result
+1.99m NOK +1.35m NOK
-32.0%
Equity
4.20bn NOK 4.20bn NOK
-0.1%
Cash
3.32m NOK 9.85m NOK
+196.5%
Total assets
200.65m NOK 195.94m NOK
-2.3%

What improved

  • ↑

    Cash rose

    Bank deposits 3.32m NOK → 9.85m NOK (+196.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.17m NOK to 909.8k NOK (-82.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.42m NOK → +833.1k NOK (op. margin 46.8% → 91.6%). Calculated

  • ↓

    Net result weakened

    Net result +1.99m NOK → +1.35m NOK (net margin 38.5% → 148.9%). Calculated

  • ↓

    Equity eroded

    Book equity 4.20bn NOK → 4.20bn NOK (equity ratio 2093.5% → 2141.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 130.30m NOK → 124.30m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 8.30m NOK → 8.77m NOK. Reported fact