AGNEFESTVEIEN 1 AS: årsregnskap 2021 vs 2020
Grew 7% on revenue, stronger earnings, fresh owner capital
registry 2022-03-23; journal 2022 159290
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGNEFESTVEIEN 1 AS. Revenue 409.5k NOK → 437.5k NOK (+6.8%). Net result -264.0k NOK → -133.5k NOK. Equity 4.43m NOK → 292.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 409.5k NOK to 437.5k NOK (+6.8% YoY). Calculated
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Operating result improved
Operating result -129.8k NOK → -2 864 NOK (op. margin -31.7% → -0.7%). Calculated
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Net result improved
Net result -264.0k NOK → -133.5k NOK (net margin -64.5% → -30.5%). Calculated
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Cash rose
Bank deposits 837 NOK → 39.8k NOK (+4659.5% YoY). Calculated
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Owners injected capital
Paid-in equity rose 625 NOK → 2.62m NOK (+2.62m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 4.43m NOK → 292.8k NOK (equity ratio 63.8% → 4.4%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation