Org.nr 921 169 523 2019 → 2020 Year-over-year analysis

AGF VVS AS: årsregnskap 2020 vs 2019

Grew 4285% on revenue

approved 2021-03-03; registry 2021-03-11; journal 2021 143785

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGF VVS AS. Revenue 44.8k NOK → 1.96m NOK (+4284.8%). Equity -96.5k NOK → -13.7k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGF VVS AS.

Scorecard

Revenue
44.8k NOK 1.96m NOK
+4284.8%
Operating result
n/m +104.8k NOK
—
Net result
n/m +82.8k NOK
—
Equity
-96.5k NOK -13.7k NOK
+85.8%
Cash
92.5k NOK 169.8k NOK
+83.5%
Total assets
882.4k NOK 630.7k NOK
-28.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 44.8k NOK to 1.96m NOK (+4284.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -96.5k NOK → -13.7k NOK (equity ratio -10.9% → -2.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 92.5k NOK → 169.8k NOK (+83.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 NOK → 646.7k NOK (0% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 194.5k NOK → 874.5k NOK (+349.7% YoY). Calculated