AGNES RENHOLD AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-08-04; registry 2022-08-18; journal 2022 884109
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGNES RENHOLD AS. Revenue 1.19m NOK → 1.17m NOK (-1.9%). Net result -1 326 NOK → -23.8k NOK. Equity -123.3k NOK → -147.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNES RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 113.5k NOK → 231.3k NOK (+103.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.19m NOK to 1.17m NOK (-1.9% YoY). Calculated
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↓
Operating result weakened
Operating result -1 460 NOK → -24.0k NOK (op. margin -0.1% → -2.0%). Calculated
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↓
Net result weakened
Net result -1 326 NOK → -23.8k NOK (net margin -0.1% → -2.0%). Calculated
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↓
Equity eroded
Book equity -123.3k NOK → -147.1k NOK (equity ratio -44.8% → -50.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -50.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation