Org.nr 924 851 295 2020 → 2021 Year-over-year analysis

AGV6 AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-06-30; registry 2022-08-02; journal 2022 869868

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGV6 AS. Net result -73.3k NOK → -198.4k NOK. Equity -43.3k NOK → -241.7k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGV6 AS.

Scorecard

Revenue
n/m 467.6k NOK
—
Operating result
-58.9k NOK +299.3k NOK
+607.7%
Net result
-73.3k NOK -198.4k NOK
-170.8%
Equity
-43.3k NOK -241.7k NOK
-458.5%
Cash
5 NOK 44.1k NOK
+881020.0%
Total assets
9.20m NOK 9.25m NOK
+0.5%

What improved

  • ↑

    Operating result improved

    Operating result -58.9k NOK → +299.3k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 5 NOK → 44.1k NOK (+881020.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -73.3k NOK → -198.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -43.3k NOK → -241.7k NOK (equity ratio -0.5% → -2.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3129.45× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation