AGITO E-HELSE AS: årsregnskap 2021 vs 2020
Shrank 73% on revenue, cash halved-plus
registry 2022-06-08; journal 2022 429553
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGITO E-HELSE AS. Revenue 3.61m NOK → 971.7k NOK (-73.1%). Net result -832.5k NOK → -759.6k NOK. Equity -224.2k NOK → -983.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGITO E-HELSE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -827.8k NOK → -749.0k NOK (op. margin -23.0% → -77.1%). Calculated
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Net result improved
Net result -832.5k NOK → -759.6k NOK (net margin -23.1% → -78.2%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.61m NOK to 971.7k NOK (-73.1% YoY). Calculated
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Equity eroded
Book equity -224.2k NOK → -983.8k NOK (equity ratio -69.6% → -2293.7%). Calculated
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Cash fell
Bank deposits 267.9k NOK → 7 310 NOK (-97.3% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1.01m NOK → 2.60m NOK (28% → 268% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -2293.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 2.92m NOK → 840.0k NOK (-71.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 12.0k NOK → 35.6k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact