FirmaIQ
Org.nr 913 849 620 2020 → 2021 Year-over-year analysis

AGUSTA 109 AS: årsregnskap 2021 vs 2020

Shrank 16% on revenue, weaker earnings

approved 2022-06-01; registry 2022-06-15; journal 2022 426550

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGUSTA 109 AS. Revenue 19.40m NOK → 16.27m NOK (-16.2%). Net result +3.33m NOK → +2.25m NOK. Equity 11.76m NOK → 4.01m 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

Scorecard

Revenue
19.40m NOK 16.27m NOK
-16.2%
Operating result
+4.26m NOK +2.90m NOK
-32.0%
Net result
+3.33m NOK +2.25m NOK
-32.3%
Equity
11.76m NOK 4.01m NOK
-65.9%
Cash
5.64m NOK 4.43m NOK
-21.5%
Total assets
15.27m NOK 10.73m NOK
-29.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 18.9k NOK → 11.1k NOK (0% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.40m NOK to 16.27m NOK (-16.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.26m NOK → +2.90m NOK (op. margin 22.0% → 17.8%). Calculated

  • ↓

    Net result weakened

    Net result +3.33m NOK → +2.25m NOK (net margin 17.1% → 13.8%). Calculated

  • ↓

    Equity eroded

    Book equity 11.76m NOK → 4.01m NOK (equity ratio 77.0% → 37.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.64m NOK → 4.43m NOK (-21.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.34m NOK → 8.88m NOK (-14.1% YoY). Calculated