AGULV AS: årsregnskap 2021 vs 2020
Grew 101% on revenue, weaker earnings
approved 2022-01-22; registry 2022-05-02; journal 2022 240907
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGULV AS. Revenue 2.06m NOK → 4.15m NOK (+101.4%). Net result +422.0k NOK → +23.8k NOK. Equity 452.0k NOK → 475.8k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGULV AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.06m NOK to 4.15m NOK (+101.4% YoY). Calculated
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↑
Equity strengthened
Book equity 452.0k NOK → 475.8k NOK (equity ratio 41.8% → 27.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +541.0k NOK → +312.4k NOK (op. margin 26.2% → 7.5%). Calculated
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↓
Net result weakened
Net result +422.0k NOK → +23.8k NOK (net margin 20.5% → 0.6%). Calculated
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↓
Cash fell
Bank deposits 879.7k NOK → 541.4k NOK (-38.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 599 NOK → 1.41m NOK (0% → 34% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 647.1k NOK → 58.0k NOK (-91.0% YoY). Calculated