Org.nr 917 454 809 2019 → 2020 Year-over-year analysis

AGTUNNEL AS: årsregnskap 2020 vs 2019

Grew 62% on revenue, returned to profit, fresh owner capital

approved 2021-03-19; registry 2021-03-23; journal 2021 163738

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGTUNNEL AS. Revenue 70.23m NOK → 114.11m NOK (+62.5%). Net result -15.44m NOK → +7.16m NOK. Equity -14.24m NOK → 100.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGTUNNEL AS.

Scorecard

Revenue
70.23m NOK 114.11m NOK
+62.5%
Operating result
-15.11m NOK +5.99m NOK
+139.6%
Net result
-15.44m NOK +7.16m NOK
+146.3%
Equity
-14.24m NOK 100.0k NOK
+100.7%
Cash
469.8k NOK 5.27m NOK
+1022.4%
Total assets
16.52m NOK 45.34m NOK
+174.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 70.23m NOK to 114.11m NOK (+62.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -15.11m NOK → +5.99m NOK (op. margin -21.5% → 5.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 15.44m NOK to a profit of 7.16m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -14.24m NOK → 100.0k NOK (equity ratio -86.2% → 0.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 469.8k NOK → 5.27m NOK (+1022.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 33.74m NOK → 46.94m NOK (+39.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 526.5k NOK → 556.7k NOK. Reported fact