Org.nr 915 150 500 2020 → 2021 Year-over-year analysis

AGS HOLDING GJØVIK AS: årsregnskap 2021 vs 2020

Shrank 25% on revenue, weaker earnings

approved 2022-05-20; registry 2022-07-07; journal 2022 649004

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGS HOLDING GJØVIK AS. Revenue 72.7k NOK → 54.8k NOK (-24.7%). Net result +506.1k NOK → +354.9k NOK. Equity 859.8k NOK → 214.7k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
72.7k NOK 54.8k NOK
-24.7%
Operating result
+10.9k NOK -45.5k NOK
-518.2%
Net result
+506.1k NOK +354.9k NOK
-29.9%
Equity
859.8k NOK 214.7k NOK
-75.0%
Cash
306.3k NOK 297.2k NOK
-3.0%
Total assets
467.4k NOK 1.87m NOK
+300.4%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.52× → 1.14×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 72.7k NOK to 54.8k NOK (-24.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.9k NOK → -45.5k NOK (op. margin 15.0% → -83.1%). Calculated

  • ↓

    Net result weakened

    Net result +506.1k NOK → +354.9k NOK (net margin 696.5% → 648.2%). Calculated

  • ↓

    Equity eroded

    Book equity 859.8k NOK → 214.7k NOK (equity ratio 184.0% → 11.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 306.3k NOK → 297.2k NOK (-3.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3 000 NOK → 1.05m NOK. Reported fact