AGJ OPERA AS: årsregnskap 2020 vs 2019
Shrank 15% on revenue, weaker earnings
approved 2021-05-31; registry 2021-06-08; journal 2021 401187
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGJ OPERA AS. Revenue 1.30m NOK → 1.10m NOK (-15.0%). Net result +258.4k NOK → +16.7k NOK. Equity 439.2k NOK → 455.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 439.2k NOK → 455.9k NOK (equity ratio 45.4% → 67.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.30m NOK to 1.10m NOK (-15.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +329.7k NOK → +19.6k NOK (op. margin 25.4% → 1.8%). Calculated
-
↓
Net result weakened
Net result +258.4k NOK → +16.7k NOK (net margin 19.9% → 1.5%). Calculated
-
↓
Cash fell
Bank deposits 701.7k NOK → 440.4k NOK (-37.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 844.5k NOK → 6.95m NOK (65% → 630% of revenue). Calculated