Org.nr 918 529 306 2019 → 2020 Year-over-year analysis

AGMM AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-04-11; registry 2021-04-19; journal 2021 211474

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGMM AS. Net result +336.2k NOK → +583.0k NOK. Equity 46.0k NOK → 3.63m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGMM AS.

Scorecard

Revenue
6 NOK n/m
—
Operating result
-13.8k NOK -12.0k NOK
+12.7%
Net result
+336.2k NOK +583.0k NOK
+73.4%
Equity
46.0k NOK 3.63m NOK
+7796.2%
Cash
10.6k NOK 1 035 NOK
-90.3%
Total assets
390.6k NOK 629 NOK
-99.8%

What improved

  • ↑

    Operating result improved

    Operating result -13.8k NOK → -12.0k NOK. Calculated

  • ↑

    Net result improved

    Net result +336.2k NOK → +583.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 46.0k NOK → 3.63m NOK (equity ratio 11.8% → 576947.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 10.6k NOK → 1 035 NOK (-90.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 1 NOK. Reported fact