AGILITY AS: årsregnskap 2021 vs 2020
Grew 45004% on revenue, slipped into loss, cash halved-plus
approved 2022-06-30; registry 2022-07-23; journal 2022 700334
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGILITY AS. Revenue 526.6k NOK → 237.53m NOK (+45004.0%). Net result +10.40m NOK → -50.51m NOK. Equity 42.95m NOK → 9.25m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AGILITY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 526.6k NOK to 237.53m NOK (+45004.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +16.26m NOK → -62.68m NOK (op. margin 3087.8% → -26.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 10.40m NOK profit to a loss of 50.51m NOK. Calculated
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↓
Equity eroded
Book equity 42.95m NOK → 9.25m NOK (equity ratio 20.0% → 9.2%). Calculated
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↓
Cash fell
Bank deposits 41.37m NOK → 13.26m NOK (-68.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.2% 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 (41.37m NOK → 13.26m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 3.13m NOK → 98.40m NOK (595% → 41% of revenue). Calculated
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COGS moved
COGS / varekostnad 7.31m NOK → 137.61m NOK (+1782.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 11.3k NOK → 266.8k NOK. Reported fact