AGNAR AS: årsregnskap 2020 vs 2019
Grew 17% on revenue, stronger earnings
approved 2021-09-30; registry 2021-10-25; journal 2021 864578
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGNAR AS. Revenue 2.63m NOK → 3.08m NOK (+17.0%). Net result +627.2k NOK → +938.8k NOK. Equity 8.99m NOK → 11.93m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNAR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.63m NOK to 3.08m NOK (+17.0% YoY). Calculated
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Net result improved
Net result +627.2k NOK → +938.8k NOK (net margin 23.8% → 30.5%). Calculated
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Equity strengthened
Book equity 8.99m NOK → 11.93m NOK (equity ratio 88.8% → 88.3%). Calculated
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Cash rose
Bank deposits 839.0k NOK → 4.46m NOK (+431.3% YoY). Calculated
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Payroll decreased
Salary cost 2.47m NOK → 1.48m NOK (94% → 48% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +674.2k NOK → +116.8k NOK (op. margin 25.6% → 3.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6.72m NOK → 6.74m NOK. Reported fact