FirmaIQ
Org.nr 990 590 486 2020 → 2021 Year-over-year analysis

AGR CONSULTANCY SERVICES AS: årsregnskap 2021 vs 2020

Grew 53% on revenue, stronger earnings, fresh owner capital

approved 2022-06-30; registry 2022-07-23; journal 2022 700006

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGR CONSULTANCY SERVICES AS. Revenue 286.40m NOK → 437.66m NOK (+52.8%). Net result +13.53m NOK → +21.09m NOK. Equity 61.17m NOK → 21.77m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGR CONSULTANCY SERVICES AS.

At a glance

Scorecard

Revenue
286.40m NOK 437.66m NOK
+52.8%
Operating result
+17.15m NOK +27.45m NOK
+60.1%
Net result
+13.53m NOK +21.09m NOK
+55.9%
Equity
61.17m NOK 21.77m NOK
-64.4%
Cash
0 NOK 0 NOK
0.0%
Total assets
124.41m NOK 154.89m NOK
+24.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 286.40m NOK to 437.66m NOK (+52.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +17.15m NOK → +27.45m NOK (op. margin 6.0% → 6.3%). Calculated

  • ↑

    Net result improved

    Net result +13.53m NOK → +21.09m NOK (net margin 4.7% → 4.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 56.33m NOK → 78.93m NOK (+22.60m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 11.11bn NOK → 4.16bn NOK (3877% → 950% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 61.17m NOK → 21.77m NOK (equity ratio 49.2% → 14.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 151.56m NOK → 240.84m NOK (+58.9% YoY). Calculated