AGR SOFTWARE AS: årsregnskap 2021 vs 2020
Shrank 23% on revenue, slipped into loss
approved 2022-06-30; registry 2022-07-23; journal 2022 700032
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGR SOFTWARE AS. Revenue 17.11m NOK → 13.17m NOK (-23.0%). Net result +919.9k NOK → -422.6k NOK. Equity 18.30m NOK → 17.88m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGR SOFTWARE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 4.61m NOK → 3.54m NOK (27% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 17.11m NOK to 13.17m NOK (-23.0% YoY). Calculated
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↓
Operating result weakened
Operating result +985.2k NOK → -489.8k NOK (op. margin 5.8% → -3.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 919.9k NOK profit to a loss of 422.6k NOK. Calculated
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↓
Equity eroded
Book equity 18.30m NOK → 17.88m NOK (equity ratio 65.7% → 65.6%). Calculated
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↓
Cash fell
Bank deposits 406.4k NOK → 364.4k NOK (-10.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 18.30m NOK → 17.88m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 1.98m NOK → 1.36m NOK (-31.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 10 → 9. Reported fact