Org.nr 913 849 620 2019 → 2020 Year-over-year analysis

AGUSTA 109 AS: årsregnskap 2020 vs 2019

Shrank 29% on revenue, weaker earnings

approved 2021-05-25; registry 2021-08-03; journal 2021 573400

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGUSTA 109 AS. Revenue 27.22m NOK → 19.40m NOK (-28.7%). Net result +5.34m NOK → +3.33m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGUSTA 109 AS.

At a glance

Revenue

27.22m NOK 19.40m NOK

-28.7%

Operating result

+7.17m NOK +4.26m NOK

-40.6%

Net result

+5.34m NOK +3.33m NOK

-37.7%

Equity

n/m 11.76m NOK

—

Cash

n/m 5.64m NOK

—

Total assets

n/m 15.27m NOK

—

↑
Payroll decreased

Salary cost 93.5k NOK → 18.9k NOK (0% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 27.22m NOK to 19.40m NOK (-28.7% YoY). Calculated
↓
Operating result weakened

Operating result +7.17m NOK → +4.26m NOK (op. margin 26.4% → 22.0%). Calculated
↓
Net result weakened

Net result +5.34m NOK → +3.33m NOK (net margin 19.6% → 17.1%). Calculated

·
COGS fell

COGS / varekostnad 14.19m NOK → 10.34m NOK (-27.1% YoY). Calculated