AGN RØR AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-21; registry 2021-08-24; journal 2021 673330
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGN RØR AS. Revenue 3.92m NOK → 3.87m NOK (-1.2%). Net result +451.5k NOK → +74.1k NOK. Equity 613.4k NOK → 687.5k 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 AGN RØR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 613.4k NOK → 687.5k NOK (equity ratio 41.3% → 65.8%). Calculated
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↑
Payroll decreased
Salary cost 867.0k NOK → 733.5k NOK (22% → 19% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.92m NOK to 3.87m NOK (-1.2% YoY). Calculated
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↓
Operating result weakened
Operating result +582.6k NOK → +87.2k NOK (op. margin 14.9% → 2.3%). Calculated
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↓
Net result weakened
Net result +451.5k NOK → +74.1k NOK (net margin 11.5% → 1.9%). Calculated
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↓
Cash fell
Bank deposits 70.4k NOK → 67.3k NOK (-4.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.99m NOK → 1.52m NOK (-23.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.0k NOK → 169.1k NOK. Reported fact