Org.nr 965 950 044 2020 → 2021 Year-over-year analysis

AGILE EXECUTIVE SEARCH AS: årsregnskap 2021 vs 2020

Grew 18% on revenue, returned to profit, fresh owner capital

approved 2022-05-11; registry 2022-06-18; journal 2022 448064

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGILE EXECUTIVE SEARCH AS. Revenue 6.76m NOK → 7.97m NOK (+17.8%). Net result -1.56m NOK → +394.0k NOK. Equity 172.3k NOK → 566.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGILE EXECUTIVE SEARCH AS.

Scorecard

Revenue
6.76m NOK 7.97m NOK
+17.8%
Operating result
-2.37m NOK +178.6k NOK
+107.5%
Net result
-1.56m NOK +394.0k NOK
+125.2%
Equity
172.3k NOK 566.4k NOK
+228.7%
Cash
369.3k NOK 650.3k NOK
+76.1%
Total assets
2.43m NOK 3.71m NOK
+52.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.76m NOK to 7.97m NOK (+17.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.37m NOK → +178.6k NOK (op. margin -35.1% → 2.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.56m NOK to a profit of 394.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 172.3k NOK → 566.4k NOK (equity ratio 7.1% → 15.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 369.3k NOK → 650.3k NOK (+76.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 778.0k NOK → 2.06m NOK (+164.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3 NOK → 150.8k NOK. Reported fact