AGNELLI AS: årsregnskap 2020 vs 2019
Shrank 33% on revenue, slipped into loss, cash halved-plus
approved 2021-01-22; registry 2021-04-17; journal 2021 193233
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGNELLI AS. Revenue 1.36m NOK → 912.7k NOK (-32.9%). Net result +95.0k NOK → -165.2k NOK. Equity 383.8k NOK → 218.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGNELLI AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 752.2k NOK → 697.3k NOK (55% → 76% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.36m NOK to 912.7k NOK (-32.9% YoY). Calculated
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↓
Operating result weakened
Operating result +123.4k NOK → -211.2k NOK (op. margin 9.1% → -23.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 95.0k NOK profit to a loss of 165.2k NOK. Calculated
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↓
Equity eroded
Book equity 383.8k NOK → 218.6k NOK (equity ratio 69.3% → 61.8%). Calculated
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↓
Cash fell
Bank deposits 421.6k NOK → 175.0k NOK (-58.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 71.4k NOK → 31.2k NOK (-56.3% YoY). Calculated