FirmaIQ
Org.nr 998 127 769 2019 → 2020 Year-over-year analysis

AGNETE AS: årsregnskap 2020 vs 2019

Grew 247% on revenue, stronger earnings

approved 2021-08-15; registry 2021-09-28; journal 2021 823628

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGNETE AS. Revenue 188.4k NOK → 653.8k NOK (+247.1%). Net result +340.8k NOK → +737.2k NOK. Equity 296.8k NOK → 294.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
188.4k NOK 653.8k NOK
+247.1%
Operating result
+154.3k NOK +563.4k NOK
+265.0%
Net result
+340.8k NOK +737.2k NOK
+116.3%
Equity
296.8k NOK 294.0k NOK
-0.9%
Cash
355.1k NOK 366.3k NOK
+3.2%
Total assets
355.1k NOK 570.0k NOK
+60.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 188.4k NOK to 653.8k NOK (+247.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +154.3k NOK → +563.4k NOK (op. margin 81.9% → 86.2%). Calculated

  • ↑

    Net result improved

    Net result +340.8k NOK → +737.2k NOK (net margin 180.9% → 112.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 355.1k NOK → 366.3k NOK (+3.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 296.8k NOK → 294.0k NOK (equity ratio 83.6% → 51.6%). Calculated