FirmaIQ
Org.nr 989 002 589 2020 → 2021 Year-over-year analysis

AGNAR HOLDING AS: årsregnskap 2021 vs 2020

Shrank 70% on revenue, stronger earnings

approved 2022-06-30; registry 2022-07-09; journal 2022 611640

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGNAR HOLDING AS. Revenue 4.81m NOK → 1.44m NOK (-70.0%). Net result +3.90m NOK → +6.14m NOK. Equity 129.28m NOK → 129.42m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGNAR HOLDING AS.

At a glance

Scorecard

Revenue
4.81m NOK 1.44m NOK
-70.0%
Operating result
+305.4k NOK -1.37m NOK
-547.6%
Net result
+3.90m NOK +6.14m NOK
+57.2%
Equity
129.28m NOK 129.42m NOK
+0.1%
Cash
37.02m NOK 23.88m NOK
-35.5%
Total assets
147.60m NOK 149.66m NOK
+1.4%

What improved

  • ↑

    Net result improved

    Net result +3.90m NOK → +6.14m NOK (net margin 81.1% → 425.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 129.28m NOK → 129.42m NOK (equity ratio 87.6% → 86.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.61m NOK → 1.01m NOK (33% → 70% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.81m NOK to 1.44m NOK (-70.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +305.4k NOK → -1.37m NOK (op. margin 6.3% → -94.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 37.02m NOK → 23.88m NOK (-35.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 161.7k NOK → 62.5k NOK (-61.3% YoY). Calculated