AGIO FORVALTNING AS: årsregnskap 2020 vs 2019
Grew 17% on revenue, stronger earnings
approved 2021-06-17; registry 2021-07-06; journal 2021 451835
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGIO FORVALTNING AS. Revenue 10.30m NOK → 12.09m NOK (+17.4%). Net result +95.3k NOK → +196.2k NOK. Equity 234.7k NOK → 330.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGIO FORVALTNING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 10.30m NOK to 12.09m NOK (+17.4% YoY). Calculated
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Operating result improved
Operating result +176.8k NOK → +234.8k NOK (op. margin 1.7% → 1.9%). Calculated
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Net result improved
Net result +95.3k NOK → +196.2k NOK (net margin 0.9% → 1.6%). Calculated
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Equity strengthened
Book equity 234.7k NOK → 330.9k NOK (equity ratio 8.8% → 10.2%). Calculated
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Cash rose
Bank deposits 185.9k NOK → 199.6k NOK (+7.4% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 7.14m NOK → 8.24m NOK (69% → 68% of revenue). Calculated