Org.nr 999 564 976 2019 → 2020 Year-over-year analysis

AEGIS AS: årsregnskap 2020 vs 2019

Stronger earnings

registry 2022-02-01; journal 2022 111365

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AEGIS AS. Net result -796.0k NOK → -602.1k NOK. Equity -22.78m NOK → -23.38m NOK.

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

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

Scorecard

Operating result
+684.1k NOK -602.1k NOK
-188.0%
Net result
-796.0k NOK -602.1k NOK
+24.4%
Equity
-22.78m NOK -23.38m NOK
-2.6%
Cash
349.9k NOK 179.0k NOK
-48.8%
Total assets
628.5k NOK 192.6k NOK
-69.4%

What improved

  • ↑

    Net result improved

    Net result -796.0k NOK → -602.1k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +684.1k NOK → -602.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -22.78m NOK → -23.38m NOK (equity ratio -3623.9% → -12142.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 349.9k NOK → 179.0k NOK (-48.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12142.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3 000 NOK → 0 NOK. Reported fact