AGS EIENDOM AS: årsregnskap 2020 vs 2019
Grew 5% on revenue, stronger earnings
approved 2021-05-15; registry 2021-06-12; journal 2021 304038
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGS EIENDOM AS. Revenue 1.06m NOK → 1.11m NOK (+5.0%). Net result -84.9k NOK → -12.8k NOK. Equity 1.22m NOK → 1.21m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AGS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.06m NOK to 1.11m NOK (+5.0% YoY). Calculated
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↑
Operating result improved
Operating result -95.6k NOK → -20.4k NOK (op. margin -9.0% → -1.8%). Calculated
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↑
Net result improved
Net result -84.9k NOK → -12.8k NOK (net margin -8.0% → -1.2%). Calculated
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↑
Cash rose
Bank deposits 38.2k NOK → 86.8k NOK (+127.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.22m NOK → 1.21m NOK (equity ratio 22.2% → 20.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 399.3k NOK → 411.8k NOK (38% → 37% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 2.83m NOK → 3.30m NOK. Reported fact