FirmaIQ
Org.nr 989 005 596 2020 → 2021 Year-over-year analysis

AGS HOLDING AS: årsregnskap 2021 vs 2020

Grew 96844% on revenue, weaker earnings

approved 2022-03-30; registry 2022-06-20; journal 2022 459179

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGS HOLDING AS. Revenue 450 NOK → 436.2k NOK (+96844.4%). Net result +16.37m NOK → +2.54m NOK. Equity 43.85m NOK → 46.39m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGS HOLDING AS.

At a glance

Scorecard

Revenue
450 NOK 436.2k NOK
+96844.4%
Operating result
-1.68m NOK -799.5k NOK
+52.4%
Net result
+16.37m NOK +2.54m NOK
-84.5%
Equity
43.85m NOK 46.39m NOK
+5.8%
Cash
9.46m NOK 5.35m NOK
-43.4%
Total assets
54.95m NOK 57.24m NOK
+4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 450 NOK to 436.2k NOK (+96844.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.68m NOK → -799.5k NOK (op. margin -372979.8% → -183.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 43.85m NOK → 46.39m NOK (equity ratio 79.8% → 81.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 630.5k NOK → 509.0k NOK (140100% → 117% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +16.37m NOK → +2.54m NOK (net margin 3638331.3% → 581.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.46m NOK → 5.35m NOK (-43.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.60m NOK → 9.40m NOK. Reported fact