AGF VVS AS: årsregnskap 2021 vs 2020
Grew 113% on revenue, stronger earnings
approved 2022-01-31; registry 2022-04-09; journal 2022 195350
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGF VVS AS. Revenue 1.96m NOK → 4.18m NOK (+112.6%). Net result +82.8k NOK → +141.0k NOK. Equity -13.7k NOK → 5.13m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGF VVS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.96m NOK to 4.18m NOK (+112.6% YoY). Calculated
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Operating result improved
Operating result +104.8k NOK → +168.5k NOK (op. margin 5.3% → 4.0%). Calculated
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Net result improved
Net result +82.8k NOK → +141.0k NOK (net margin 4.2% → 3.4%). Calculated
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Equity strengthened
Book equity -13.7k NOK → 5.13m NOK (equity ratio -2.2% → 813.1%). Calculated
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Cash rose
Bank deposits 169.8k NOK → 716.5k NOK (+322.0% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 874.5k NOK → 56.3k NOK (-93.6% YoY). Calculated