AGV5 AS: årsregnskap 2020 vs 2019
Grew 100% on revenue, weaker earnings
approved 2021-04-29; registry 2021-08-02; journal 2021 570096
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGV5 AS. Revenue 69.0k NOK → 138.0k NOK (+100.0%). Net result -86.3k NOK → -166.3k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 69.0k NOK to 138.0k NOK (+100.0% YoY). Calculated
-
↑
Cash rose
Bank deposits 78.0k NOK → 81.3k NOK (+4.3% YoY). Calculated
-
↑
Payroll decreased
Salary cost 64.8k NOK → 26 NOK (94% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4 240 NOK → -19.7k NOK (op. margin 6.1% → -14.3%). Calculated
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↓
Net result weakened
Net result -86.3k NOK → -166.3k NOK (net margin -125.1% → -120.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.05× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated