FirmaIQ
Org.nr 993 289 957 2019 → 2020 Year-over-year analysis

AGLEN SETTEFISK AS: årsregnskap 2020 vs 2019

Shrank 36% on revenue, weaker earnings, cash halved-plus

approved 2021-07-08; registry 2021-09-11; journal 2021 695706

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGLEN SETTEFISK AS. Revenue 12.71m NOK → 8.18m NOK (-35.6%). Net result +1.44m NOK → +673.5k NOK. Equity 1.39m NOK → 1.39m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGLEN SETTEFISK AS.

At a glance

Scorecard

Revenue
12.71m NOK 8.18m NOK
-35.6%
Operating result
+1.85m NOK +864.1k NOK
-53.3%
Net result
+1.44m NOK +673.5k NOK
-53.3%
Equity
1.39m NOK 1.39m NOK
+0.3%
Cash
787.3k NOK 353.8k NOK
-55.1%
Total assets
2.36m NOK 3.47m NOK
+46.9%

What improved

  • ↑

    Equity strengthened

    Book equity 1.39m NOK → 1.39m NOK (equity ratio 58.9% → 40.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.52m NOK → 2.24m NOK (20% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.71m NOK to 8.18m NOK (-35.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.85m NOK → +864.1k NOK (op. margin 14.5% → 10.6%). Calculated

  • ↓

    Net result weakened

    Net result +1.44m NOK → +673.5k NOK (net margin 11.3% → 8.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 787.3k NOK → 353.8k NOK (-55.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.93m NOK → 4.60m NOK (-6.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 34.2k NOK. Reported fact