A J VAGLE AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-03-23; registry 2019-04-01; journal 2019 261347
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A J VAGLE AS. Net result -5 868 NOK → -12.4k NOK. Equity 10.6k NOK → -1 857 NOK.
Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A J VAGLE AS.
At a glance
Scorecard
Operating result
n/m
-12.4k NOK
—
Net result
-5 868 NOK
-12.4k NOK
-111.6%
Equity
10.6k NOK
-1 857 NOK
-117.6%
Cash
137.1k NOK
137.1k NOK
0.0%
Total assets
10.6k NOK
5 497 NOK
-48.0%
What deteriorated
-
↓
Net result weakened
Net result -5 868 NOK → -12.4k NOK. Calculated
-
↓
Equity eroded
Book equity 10.6k NOK → -1 857 NOK (equity ratio 100.0% → -33.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -33.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation