AGSA HOLDING AS: årsregnskap 2021 vs 2020
Returned to profit, cash halved-plus
registry 2022-06-01; journal 2022 389557
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGSA HOLDING AS. Revenue 0 NOK → 10.0k NOK. Net result -6 696 NOK → +4 240 NOK. Equity 15.2k NOK → -4 511 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGSA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 10.0k NOK. Calculated
-
↑
Operating result improved
Operating result -6 696 NOK → +4 240 NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 6 696 NOK to a profit of 4 240 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 15.2k NOK → -4 511 NOK (equity ratio 42.1% → -43.0%). Calculated
-
↓
Cash fell
Bank deposits 361 NOK → -5 399 NOK (-1595.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -43.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 35.9k NOK → 5 888 NOK. Reported fact