AGP INVESTMENTS AS: årsregnskap 2020 vs 2019
Grew 912% on revenue, weaker earnings
approved 2021-07-10; registry 2021-08-05; journal 2021 572794
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGP INVESTMENTS AS. Revenue 89.8k NOK → 908.8k NOK (+912.2%). Net result +31.9k NOK → +2 744 NOK. Equity -44.3k NOK → -41.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGP INVESTMENTS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 89.8k NOK to 908.8k NOK (+912.2% YoY). Calculated
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↑
Equity strengthened
Book equity -44.3k NOK → -41.6k NOK (equity ratio -32.5% → -23.0%). Calculated
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↑
Cash rose
Bank deposits 48.5k NOK → 50.3k NOK (+3.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +37.8k NOK → +6 769 NOK (op. margin 42.2% → 0.7%). Calculated
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↓
Net result weakened
Net result +31.9k NOK → +2 744 NOK (net margin 35.6% → 0.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 160.8k NOK → 169.5k NOK (+5.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 17.5k NOK → 35.5k NOK. Reported fact