AGILA VEST AS: årsregnskap 2021 vs 2020
Grew 11% on revenue, cash halved-plus
approved 2022-05-24; registry 2022-06-20; journal 2022 460901
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGILA VEST AS. Revenue 6.15m NOK → 6.81m NOK (+10.6%). Net result -533.5k NOK → -622.2k NOK. Equity -516.5k NOK → -1.14m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AGILA VEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.15m NOK to 6.81m NOK (+10.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -700.1k NOK → -792.1k NOK (op. margin -11.4% → -11.6%). Calculated
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↓
Net result weakened
Net result -533.5k NOK → -622.2k NOK (net margin -8.7% → -9.1%). Calculated
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↓
Equity eroded
Book equity -516.5k NOK → -1.14m NOK (equity ratio -5.7% → -11.5%). Calculated
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↓
Cash fell
Bank deposits 4.92m NOK → 1.87m NOK (-62.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.92m NOK → 1.87m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 4.29m NOK → 4.66m NOK (70% → 68% of revenue). Calculated
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COGS moved
COGS / varekostnad 147.0k NOK → 228.5k NOK (+55.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2 542 NOK → 5.36m NOK. Reported fact