Org.nr 995 726 491 2019 → 2020 Year-over-year analysis

AGNEFESTVEIEN 1 AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, cash halved-plus

registry 2021-04-12; journal 2021 186496

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGNEFESTVEIEN 1 AS. Revenue 356.1k NOK → 409.5k NOK (+15.0%). Net result -257.0k NOK → -264.0k NOK. Equity -1.63m NOK → 4.43m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.

Scorecard

Revenue
356.1k NOK 409.5k NOK
+15.0%
Operating result
-76.2k NOK -129.8k NOK
-70.3%
Net result
-257.0k NOK -264.0k NOK
-2.7%
Equity
-1.63m NOK 4.43m NOK
+370.8%
Cash
231.3k NOK 837 NOK
-99.6%
Total assets
7.40m NOK 6.94m NOK
-6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 356.1k NOK to 409.5k NOK (+15.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -1.63m NOK → 4.43m NOK (equity ratio -22.1% → 63.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -76.2k NOK → -129.8k NOK (op. margin -21.4% → -31.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 231.3k NOK → 837 NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 300.0k NOK → 625 NOK — check capital reduction, conversion, or reclassification. Interpretation