Org.nr 999 564 976 2018 → 2019 Year-over-year analysis

AEGIS AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2021-08-09; registry 2021-08-16; journal 2021 632908

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AEGIS AS. Net result -20.42m NOK → -796.0k NOK. Equity -21.71m NOK → -22.78m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

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

Scorecard

Revenue
863.1k NOK n/m
—
Operating result
-8.00m NOK +684.1k NOK
+108.6%
Net result
-20.42m NOK -796.0k NOK
+96.1%
Equity
-21.71m NOK -22.78m NOK
-4.9%
Cash
228.4k NOK 349.9k NOK
+53.2%
Total assets
1.41m NOK 628.5k NOK
-55.5%

What improved

  • ↑

    Operating result improved

    Operating result -8.00m NOK → +684.1k NOK. Calculated

  • ↑

    Net result improved

    Net result -20.42m NOK → -796.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 228.4k NOK → 349.9k NOK (+53.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -21.71m NOK → -22.78m NOK (equity ratio -1536.2% → -3623.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3623.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation