FirmaIQ
Org.nr 914 103 053 2019 → 2020 Year-over-year analysis

AGL NORWAY AS: årsregnskap 2020 vs 2019

Grew 8% on revenue, slipped into loss, fresh owner capital

approved 2021-06-17; registry 2021-07-17; journal 2021 498278

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGL NORWAY AS. Revenue 285.67m NOK → 309.69m NOK (+8.4%). Net result +2 019 NOK → -880.4k NOK. Equity 1.40m NOK → 1.14m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGL NORWAY AS.

At a glance

Scorecard

Revenue
285.67m NOK 309.69m NOK
+8.4%
Operating result
+136.3k NOK -1.22m NOK
-996.2%
Net result
+2 019 NOK -880.4k NOK
-43705.3%
Equity
1.40m NOK 1.14m NOK
-18.5%
Cash
303.2k NOK 309.7k NOK
+2.1%
Total assets
43.42m NOK 68.45m NOK
+57.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 285.67m NOK to 309.69m NOK (+8.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 303.2k NOK → 309.7k NOK (+2.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 260.0k NOK → 881.3k NOK (+621.3k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +136.3k NOK → -1.22m NOK (op. margin 0.0% → -0.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 019 NOK profit to a loss of 880.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.40m NOK → 1.14m NOK (equity ratio 3.2% → 1.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 272.87m NOK → 301.56m NOK (+10.5% YoY). Calculated