AGIL HELSE AS: årsregnskap 2020 vs 2019
Shrank 30% on revenue, stronger earnings, cash halved-plus
approved 2021-08-31; registry 2021-10-05; journal 2021 773491
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGIL HELSE AS. Revenue 25.84m NOK → 18.12m NOK (-29.9%). Net result -6.63m NOK → -3.42m NOK. Equity 0 NOK → -3.42m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGIL HELSE AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -8.23m NOK → -4.05m NOK (op. margin -31.8% → -22.3%). Calculated
-
↑
Net result improved
Net result -6.63m NOK → -3.42m NOK (net margin -25.6% → -18.9%). Calculated
-
↑
Payroll decreased
Salary cost 20.58m NOK → 14.90m NOK (80% → 82% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 25.84m NOK to 18.12m NOK (-29.9% YoY). Calculated
-
↓
Equity eroded
Book equity 0 NOK → -3.42m NOK (equity ratio 0.0% → -50.2%). Calculated
-
↓
Cash fell
Bank deposits 176.1k NOK → 2 209 NOK (-98.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -50.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 2.38m NOK → 2.36m NOK (-0.6% YoY). Calculated