AGNIROM AS: årsregnskap 2021 vs 2020
Grew 270% on revenue, stronger earnings
approved 2022-06-02; registry 2022-06-04; journal 2022 418681
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGNIROM AS. Revenue 69.1k NOK → 255.9k NOK (+270.3%). Net result -262.6k NOK → -128.5k NOK. Equity 0 NOK → -398.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGNIROM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 69.1k NOK to 255.9k NOK (+270.3% YoY). Calculated
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Operating result improved
Operating result -262.6k NOK → -128.6k NOK (op. margin -380.1% → -50.3%). Calculated
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Net result improved
Net result -262.6k NOK → -128.5k NOK (net margin -380.0% → -50.2%). Calculated
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Cash rose
Bank deposits 21.5k NOK → 30.3k NOK (+40.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.39× → 3.72×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 0 NOK → -398.8k NOK (equity ratio 0.0% → -154.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -154.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2 NOK → 4.14m NOK (0% → 1620% of revenue). Calculated
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COGS moved
COGS / varekostnad 44.4k NOK → 96.6k NOK (+117.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → -6 220 NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact