AGORA AS: årsregnskap 2021 vs 2020
Grew 6% on revenue, returned to profit
approved 2022-07-27; registry 2022-08-11; journal 2022 848099
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGORA AS. Revenue 5.72m NOK → 6.05m NOK (+5.8%). Net result -435.9k NOK → +319.1k NOK. Equity 2.56m NOK → 1.13m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGORA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.72m NOK to 6.05m NOK (+5.8% YoY). Calculated
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↑
Operating result improved
Operating result -462.9k NOK → +500.7k NOK (op. margin -8.1% → 8.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 435.9k NOK to a profit of 319.1k NOK. Calculated
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Payroll decreased
Salary cost 3.27m NOK → 2.49m NOK (57% → 41% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.56m NOK → 1.13m NOK (equity ratio 41.4% → 22.1%). Calculated
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↓
Cash fell
Bank deposits 2.86m NOK → 2.21m NOK (-23.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 300.0k NOK → 210.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 1.50m NOK → 1.66m NOK (+10.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2 335 NOK → 2.33m NOK. Reported fact