FirmaIQ
Org.nr 922 789 398 2019 → 2020 Year-over-year analysis

AGNES TAKSTOLFABRIKK AS: årsregnskap 2020 vs 2019

Grew 279745% on revenue, returned to profit, fresh owner capital

approved 2021-03-09; registry 2021-03-15; journal 2021 146606

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGNES TAKSTOLFABRIKK AS. Revenue 11.0k NOK → 30.66m NOK (+279744.7%). Net result -27.6k NOK → +1 549 NOK. Equity 3.47m NOK → 5.02m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGNES TAKSTOLFABRIKK AS.

At a glance

Scorecard

Revenue
11.0k NOK 30.66m NOK
+279744.7%
Operating result
+54.8k NOK +2.17m NOK
+3866.5%
Net result
-27.6k NOK +1 549 NOK
+105.6%
Equity
3.47m NOK 5.02m NOK
+44.6%
Cash
2 226 NOK 178.8k NOK
+7930.7%
Total assets
11.48m NOK 12.93m NOK
+12.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.0k NOK to 30.66m NOK (+279744.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +54.8k NOK → +2.17m NOK (op. margin 500.3% → 7.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 27.6k NOK to a profit of 1 549 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.47m NOK → 5.02m NOK (equity ratio 30.2% → 38.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 226 NOK → 178.8k NOK (+7930.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 795 NOK → 7.90m NOK (35% → 26% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5 588 NOK → 17.26m NOK (+308863.0% YoY). Calculated