Org.nr 989 500 988 2020 → 2021 Year-over-year analysis

AGORA CREATIVE AS: årsregnskap 2021 vs 2020

Shrank 98% on revenue, stronger earnings

approved 2022-06-28; registry 2022-07-25; journal 2022 706980

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGORA CREATIVE AS. Revenue 27.5k NOK → 504 NOK (-98.2%). Net result -1.58m NOK → -238.1k NOK. Equity 1.05m NOK → 7.81m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGORA CREATIVE AS.

Scorecard

Revenue
27.5k NOK 504 NOK
-98.2%
Operating result
-22.8k NOK -69.7k NOK
-206.2%
Net result
-1.58m NOK -238.1k NOK
+84.9%
Equity
1.05m NOK 7.81m NOK
+643.0%
Cash
5 022 NOK 13.0k NOK
+159.7%
Total assets
3.00m NOK 2.76m NOK
-8.2%

What improved

  • ↑

    Net result improved

    Net result -1.58m NOK → -238.1k NOK (net margin -5728.3% → -47241.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.05m NOK → 7.81m NOK (equity ratio 35.0% → 283.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 022 NOK → 13.0k NOK (+159.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.5k NOK to 504 NOK (-98.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -22.8k NOK → -69.7k NOK (op. margin -82.8% → -13838.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.77m NOK → 743.3k NOK. Reported fact