AGS BATTERISERVICE AS: årsregnskap 2021 vs 2020
Shrank 15% on revenue, weaker earnings
approved 2022-06-24; registry 2022-08-15; journal 2022 872880
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGS BATTERISERVICE AS. Revenue 6.21m NOK → 5.28m NOK (-15.0%). Net result +368.8k NOK → +156.9k NOK. Equity 1.72m NOK → 1.88m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.72m NOK → 1.88m NOK (equity ratio 58.1% → 62.8%). Calculated
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↑
Cash rose
Bank deposits 64.1k NOK → 962.3k NOK (+1401.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.21m NOK to 5.28m NOK (-15.0% YoY). Calculated
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↓
Operating result weakened
Operating result +515.6k NOK → +228.6k NOK (op. margin 8.3% → 4.3%). Calculated
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↓
Net result weakened
Net result +368.8k NOK → +156.9k NOK (net margin 5.9% → 3.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 2.66m NOK (0% → 50% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.41m NOK → 3.57m NOK (-19.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1.25 → 0. Reported fact