AGNAR HOLDING AS: årsregnskap 2020 vs 2019
Grew 58% on revenue, weaker earnings
approved 2021-06-18; registry 2021-07-08; journal 2021 462401
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGNAR HOLDING AS. Revenue 3.04m NOK → 4.81m NOK (+58.5%). Net result +10.15m NOK → +3.90m NOK. Equity 128.05m NOK → 129.28m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGNAR HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.04m NOK to 4.81m NOK (+58.5% YoY). Calculated
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↑
Operating result improved
Operating result -1.22m NOK → +305.4k NOK (op. margin -40.2% → 6.3%). Calculated
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↑
Equity strengthened
Book equity 128.05m NOK → 129.28m NOK (equity ratio 87.1% → 87.6%). Calculated
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↑
Cash rose
Bank deposits 5.76m NOK → 37.02m NOK (+543.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +10.15m NOK → +3.90m NOK (net margin 334.3% → 81.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.50m NOK → 1.61m NOK (49% → 33% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 101.5k NOK → 161.7k NOK (+59.4% YoY). Calculated