Org.nr 988 632 910 2019 → 2020 Year-over-year analysis

AGIOS AS: årsregnskap 2020 vs 2019

Grew 6119% on revenue, returned to profit

registry 2021-05-10; journal 2021 270578

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGIOS AS. Revenue 21.8k NOK → 1.35m NOK (+6119.4%). Net result -80.5k NOK → +101.7k NOK. Equity 12.49m NOK → 11.39m NOK.

On the constructive side: revenue rose; turned profitable; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
21.8k NOK 1.35m NOK
+6119.4%
Operating result
+235.2k NOK +155.1k NOK
-34.0%
Net result
-80.5k NOK +101.7k NOK
+226.3%
Equity
12.49m NOK 11.39m NOK
-8.8%
Cash
642.3k NOK 508.2k NOK
-20.9%
Total assets
1.06m NOK 860.7k NOK
-18.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.8k NOK to 1.35m NOK (+6119.4% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 80.5k NOK to a profit of 101.7k NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.10× → 1.85×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +235.2k NOK → +155.1k NOK (op. margin 1081.2% → 11.5%). Calculated

  • ↓

    Equity eroded

    Book equity 12.49m NOK → 11.39m NOK (equity ratio 1184.1% → 1323.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 642.3k NOK → 508.2k NOK (-20.9% YoY). Calculated