FirmaIQ
Org.nr 984 785 151 2019 → 2020 Year-over-year analysis

AGILE SOLUTIONS AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-02-15; registry 2021-02-22; journal 2021 121787

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGILE SOLUTIONS AS. Revenue 2.35m NOK → 2.33m NOK (-0.5%). Net result -10.8k NOK → +215.6k NOK. Equity 1.37m NOK → 1.08m NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.35m NOK 2.33m NOK
-0.5%
Operating result
-13.3k NOK +212.0k NOK
+1699.0%
Net result
-10.8k NOK +215.6k NOK
+2097.9%
Equity
1.37m NOK 1.08m NOK
-20.8%
Cash
1.04m NOK 1.07m NOK
+2.7%
Total assets
1.61m NOK 1.71m NOK
+6.1%

What improved

  • ↑

    Operating result improved

    Operating result -13.3k NOK → +212.0k NOK (op. margin -0.6% → 9.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 10.8k NOK to a profit of 215.6k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1.04m NOK → 1.07m NOK (+2.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.97m NOK → 7.68m NOK (340% → 329% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.35m NOK to 2.33m NOK (-0.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.37m NOK → 1.08m NOK (equity ratio 85.0% → 63.5%). Calculated