Org.nr 916 543 360 2020 → 2021 Year-over-year analysis

AGO BYGG AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-06-30; registry 2022-07-21; journal 2022 747074

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGO BYGG AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -15.2k NOK → -12.8k NOK. Equity 48.5k NOK → 35.7k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGO BYGG AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-15.2k NOK -12.7k NOK
+16.4%
Net result
-15.2k NOK -12.8k NOK
+16.1%
Equity
48.5k NOK 35.7k NOK
-26.4%
Cash
8 835 NOK 6 002 NOK
-32.1%
Total assets
428.8k NOK 426.0k NOK
-0.7%

What improved

  • ↑

    Operating result improved

    Operating result -15.2k NOK → -12.7k NOK. Calculated

  • ↑

    Net result improved

    Net result -15.2k NOK → -12.8k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 48.5k NOK → 35.7k NOK (equity ratio 11.3% → 8.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 8 835 NOK → 6 002 NOK (-32.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation