AGH ENGINEERING AS: årsregnskap 2021 vs 2020
Grew 51% on revenue, returned to profit, fresh owner capital
approved 2022-04-21; registry 2022-04-27; journal 2022 229429
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGH ENGINEERING AS. Revenue 1.23m NOK → 1.86m NOK (+51.4%). Net result -197.7k NOK → +19.4k NOK. Equity 12.20m NOK → 274.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AGH ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.23m NOK to 1.86m NOK (+51.4% YoY). Calculated
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↑
Operating result improved
Operating result -197.4k NOK → +19.5k NOK (op. margin -16.1% → 1.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 197.7k NOK to a profit of 19.4k NOK. Calculated
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↑
Cash rose
Bank deposits 165.8k NOK → 654.0k NOK (+294.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 34.4k NOK → 94.4k NOK (+60.0k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 12.20m NOK → 274.6k NOK (equity ratio 2297.9% → 28.3%). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2.25. Reported fact