Org.nr 922 719 853 2020 → 2021 Year-over-year analysis

AGV5 AS: årsregnskap 2021 vs 2020

Shrank 58% on revenue, weaker earnings

approved 2022-04-29; registry 2022-06-01; journal 2022 388325

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGV5 AS. Revenue 138.0k NOK → 57.5k NOK (-58.3%). Net result -166.3k NOK → -356.3k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AGV5 AS.

Scorecard

Revenue
138.0k NOK 57.5k NOK
-58.3%
Operating result
-19.7k NOK -209.5k NOK
-964.6%
Net result
-166.3k NOK -356.3k NOK
-114.2%
Cash
81.3k NOK 202.5k NOK
+149.1%
Total assets
3.67m NOK 3.85m NOK
+4.9%

What improved

  • ↑

    Cash rose

    Bank deposits 81.3k NOK → 202.5k NOK (+149.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 1.23×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 138.0k NOK to 57.5k NOK (-58.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -19.7k NOK → -209.5k NOK (op. margin -14.3% → -364.3%). Calculated

  • ↓

    Net result weakened

    Net result -166.3k NOK → -356.3k NOK (net margin -120.5% → -619.6%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.3. Reported fact