AGILIUM WORLDWIDE NORWAY AS: årsregnskap 2020 vs 2019
Grew 10% on revenue, slipped into loss
approved 2021-04-06; registry 2021-05-31; journal 2021 245587
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGILIUM WORLDWIDE NORWAY AS. Revenue 5.29m NOK → 5.84m NOK (+10.3%). Net result +10.2k NOK → -137.8k NOK. Equity -493.7k NOK → -631.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGILIUM WORLDWIDE NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.29m NOK to 5.84m NOK (+10.3% YoY). Calculated
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↑
Cash rose
Bank deposits 174.4k NOK → 221.5k NOK (+27.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +36.7k NOK → -91.5k NOK (op. margin 0.7% → -1.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 10.2k NOK profit to a loss of 137.8k NOK. Calculated
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↓
Equity eroded
Book equity -493.7k NOK → -631.4k NOK (equity ratio -60.7% → -121.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -121.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 7 700 NOK → 17.9k NOK (0% → 0% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.08m NOK → 4.60m NOK (+12.6% YoY). Calculated