Org.nr 918 317 740 2020 → 2021 Year-over-year analysis

AGF UTVIKLING AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-04-28; registry 2022-07-05; journal 2022 614124

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGF UTVIKLING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -3 622 NOK → -17.7k NOK. Equity 15.9k NOK → -1 791 NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGF UTVIKLING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-3 626 NOK -6 898 NOK
-90.2%
Net result
-3 622 NOK -17.7k NOK
-388.6%
Equity
15.9k NOK -1 791 NOK
-111.3%
Cash
9 907 NOK 4 340 NOK
-56.2%
Total assets
260.9k NOK 255.3k NOK
-2.1%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 626 NOK → -6 898 NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 622 NOK → -17.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 15.9k NOK → -1 791 NOK (equity ratio 6.1% → -0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 907 NOK → 4 340 NOK (-56.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation