AGRAFF ARKITEKTUR AS: årsregnskap 2020 vs 2019
Shrank 14% on revenue, weaker earnings
approved 2021-05-27; registry 2021-10-11; journal 2021 794783
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGRAFF ARKITEKTUR AS. Revenue 24.29m NOK → 20.87m NOK (-14.1%). Net result +846.7k NOK → +426.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRAFF ARKITEKTUR AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 3.60m NOK → 4.03m NOK (+11.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.29m NOK to 20.87m NOK (-14.1% YoY). Calculated
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↓
Operating result weakened
Operating result +1.07m NOK → +543.1k NOK (op. margin 4.4% → 2.6%). Calculated
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↓
Net result weakened
Net result +846.7k NOK → +426.2k NOK (net margin 3.5% → 2.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 16.17m NOK (0% → 77% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 234.0k NOK → 449 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 4.29m NOK → 1.80m NOK (-58.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 106.3k NOK → 82.1k NOK. Reported fact