A J VAGLE AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-03-26; registry 2020-04-27; journal 2020 311647
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A J VAGLE AS. Net result -12.4k NOK → -7 845 NOK. Equity -1 857 NOK → -9 702 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: 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
-12.4k NOK
-7 845 NOK
+36.8%
Net result
-12.4k NOK
-7 845 NOK
+36.8%
Equity
-1 857 NOK
-9 702 NOK
-422.5%
Cash
137.1k NOK
137.1k NOK
0.0%
Total assets
5 497 NOK
137 NOK
-97.5%
What improved
-
↑
Operating result improved
Operating result -12.4k NOK → -7 845 NOK. Calculated
-
↑
Net result improved
Net result -12.4k NOK → -7 845 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -1 857 NOK → -9 702 NOK (equity ratio -33.8% → -7081.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -7081.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation