AGNES COLE AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2021-12-31; registry 2022-05-24; journal 2022 334526
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGNES COLE AS. Revenue 842.1k NOK → 807.9k NOK (-4.1%). Net result +23.3k NOK → +53.5k NOK. Equity 10.31m NOK → 363.1k NOK.
On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNES COLE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +23.3k NOK → +53.5k NOK (net margin 2.8% → 6.6%). Calculated
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Cash rose
Bank deposits -160.6k NOK → -47.8k NOK (+70.2% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.40× → 1.17×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 842.1k NOK to 807.9k NOK (-4.1% YoY). Calculated
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↓
Equity eroded
Book equity 10.31m NOK → 363.1k NOK (equity ratio 1690.8% → 73.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 341.4k NOK → 2.51m NOK (41% → 311% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 490.9k NOK → 340.9k NOK. Reported fact