AGGS AS: årsregnskap 2020 vs 2019
Grew 615% on revenue, returned to profit
approved 2021-05-07; registry 2021-05-11; journal 2021 280184
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGGS AS. Revenue 130.0k NOK → 929.1k NOK (+614.8%). Net result -469.0k NOK → +127.0k NOK. Equity -922.3k NOK → -795.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGGS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 130.0k NOK to 929.1k NOK (+614.8% YoY). Calculated
-
↑
Operating result improved
Operating result -471.1k NOK → +126.4k NOK (op. margin -362.4% → 13.6%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 469.0k NOK to a profit of 127.0k NOK. Calculated
-
↑
Equity strengthened
Book equity -922.3k NOK → -795.3k NOK (equity ratio -173.6% → -94.6%). Calculated
-
↑
Cash rose
Bank deposits 274.4k NOK → 380.7k NOK (+38.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 442.4k NOK → 654.8k NOK (340% → 70% of revenue). Calculated