Org.nr 988 562 270 2020 → 2021 Year-over-year analysis

AGV SERVICE AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-03-28; registry 2022-04-21; journal 2022 186006

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGV SERVICE AS. Net result 0 NOK → -2.00m NOK. Equity 9.34m NOK → 7.34m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGV SERVICE AS.

Scorecard

Operating result
-18.1k NOK -16.6k NOK
+8.3%
Net result
0 NOK -2.00m NOK
—
Equity
9.34m NOK 7.34m NOK
-21.4%
Cash
514 NOK 4 222 NOK
+721.4%
Total assets
11.63m NOK 9.63m NOK
-17.2%

What improved

  • ↑

    Operating result improved

    Operating result -18.1k NOK → -16.6k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 514 NOK → 4 222 NOK (+721.4% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 2.00m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.34m NOK → 7.34m NOK (equity ratio 80.3% → 76.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.61m NOK → 9.61m NOK. Reported fact