AGENDA UTVIKLING AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-05-20; registry 2020-06-06; journal 2020 398271
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGENDA UTVIKLING AS. Revenue 0 NOK → 2.77m NOK. Net result +248 NOK → +144.7k NOK. Equity 24.2k NOK → 168.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGENDA UTVIKLING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 2.77m NOK. Calculated
-
↑
Operating result improved
Operating result +250 NOK → +209.5k NOK. Calculated
-
↑
Net result improved
Net result +248 NOK → +144.7k NOK. Calculated
-
↑
Equity strengthened
Book equity 24.2k NOK → 168.9k NOK (equity ratio 81.3% → 6.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 29.8k NOK → 869 NOK (-97.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation