AGITO AS: årsregnskap 2020 vs 2019
Grew 13% on revenue, returned to profit
approved 2021-03-25; registry 2021-05-08; journal 2021 219926
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGITO AS. Revenue 7.69m NOK → 8.68m NOK (+12.8%). Net result -113.0k NOK → +249.2k NOK. Equity 378.0k NOK → 652.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGITO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.69m NOK to 8.68m NOK (+12.8% YoY). Calculated
-
↑
Operating result improved
Operating result +81.6k NOK → +204.0k NOK (op. margin 1.1% → 2.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 113.0k NOK to a profit of 249.2k NOK. Calculated
-
↑
Equity strengthened
Book equity 378.0k NOK → 652.8k NOK (equity ratio 10.3% → 15.5%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 108.8k NOK → 111.2k NOK (+2 500 NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 293.6k NOK → 201.4k NOK (-31.4% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 3.30m NOK → 4.87m NOK (+47.4% YoY). Calculated