AGNES UTVIKLING AS: årsregnskap 2020 vs 2019
Shrank 23% on revenue, weaker earnings, fresh owner capital
approved 2021-03-11; registry 2021-06-28; journal 2021 404333
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGNES UTVIKLING AS. Revenue 3.15m NOK → 2.44m NOK (-22.7%). Net result -3.97m NOK → -7.91m NOK. Equity 62.66m NOK → 118.04m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNES UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 62.66m NOK → 118.04m NOK (equity ratio 30.4% → 62.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.36× → 4.65×. Calculated
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↑
Owners injected capital
Paid-in equity rose 70.00m NOK → 133.29m NOK (+63.29m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.15m NOK to 2.44m NOK (-22.7% YoY). Calculated
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↓
Operating result weakened
Operating result -4.33m NOK → -7.85m NOK (op. margin -137.3% → -321.7%). Calculated
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↓
Net result weakened
Net result -3.97m NOK → -7.91m NOK (net margin -125.9% → -324.5%). Calculated
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↓
Cash fell
Bank deposits 973.1k NOK → 763.6k NOK (-21.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.64m NOK → 2.93m NOK (84% → 120% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 NOK → 63.25m NOK. Reported fact