Org.nr 894 606 762 2020 → 2021 Year-over-year analysis

AGITEL AS: årsregnskap 2021 vs 2020

Cash halved-plus

approved 2022-05-30; registry 2022-07-25; journal 2022 772774

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGITEL AS. Net result -60.9k NOK → -57.2k NOK. Equity -1.11m NOK → -1.17m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGITEL AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-60.9k NOK -57.2k NOK
+6.0%
Net result
-60.9k NOK -57.2k NOK
+6.0%
Equity
-1.11m NOK -1.17m NOK
-5.2%
Cash
928.9k NOK 4 130 NOK
-99.6%
Total assets
6 055 NOK 4 257 NOK
-29.7%

What improved

  • ↑

    Operating result improved

    Operating result -60.9k NOK → -57.2k NOK. Calculated

  • ↑

    Net result improved

    Net result -60.9k NOK → -57.2k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.11m NOK → -1.17m NOK (equity ratio -18319.3% → -27400.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 928.9k NOK → 4 130 NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -27400.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation