AGILITY FUEL SOLUTIONS NORWAY AS: årsregnskap 2020 vs 2019
Grew 43% on revenue, weaker earnings
approved 2021-05-26; registry 2021-07-15; journal 2021 492930
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGILITY FUEL SOLUTIONS NORWAY AS. Revenue 237.0k NOK → 339.7k NOK (+43.3%). Net result +695.0k NOK → +17.3k NOK. Equity 15.72m NOK → 32.99m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGILITY FUEL SOLUTIONS NORWAY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 237.0k NOK to 339.7k NOK (+43.3% YoY). Calculated
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Operating result improved
Operating result +1.19m NOK → +20.19m NOK (op. margin 502.4% → 5942.8%). Calculated
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Equity strengthened
Book equity 15.72m NOK → 32.99m NOK (equity ratio 13248.2% → 19684.5%). Calculated
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Cash rose
Bank deposits 7.59m NOK → 9.77m NOK (+28.6% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +695.0k NOK → +17.3k NOK (net margin 293.2% → 5.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 200.8k NOK → 274.9k NOK (+36.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 749 NOK → 3 000 NOK. Reported fact