Org.nr 911 578 417 2019 → 2020 Year-over-year analysis

AGVIK AS: årsregnskap 2020 vs 2019

Shrank 36% on revenue

approved 2020-12-31; registry 2021-03-29; journal 2021 176160

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGVIK AS. Revenue 4.83m NOK → 3.08m NOK (-36.4%). Equity 156.0k NOK → 11.18m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGVIK AS.

At a glance

Revenue

4.83m NOK 3.08m NOK

-36.4%

Operating result

n/m +33.6k NOK

—

Net result

n/m +23.8k NOK

—

Equity

156.0k NOK 11.18m NOK

+7068.3%

Cash

387.0k NOK 534.37m NOK

+137976.8%

Total assets

407.1k NOK 741.0k NOK

+82.0%

↑
Equity strengthened

Book equity 156.0k NOK → 11.18m NOK (equity ratio 38.3% → 1508.8%). Calculated
↑
Cash rose

Bank deposits 387.0k NOK → 534.37m NOK (+137976.8% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.83m NOK to 3.08m NOK (-36.4% YoY). Calculated