AGENDEC AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-06-30; registry 2020-09-22; journal 2020 845120
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGENDEC AS. Revenue 3.00m NOK → 3.00m NOK (+0.1%). Equity 261.2k NOK → -8 645 NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGENDEC AS.
At a glance
Scorecard
Revenue
3.00m NOK
3.00m NOK
+0.1%
Operating result
n/m
-336.1k NOK
—
Net result
n/m
-269.9k NOK
—
Equity
261.2k NOK
-8 645 NOK
-103.3%
Cash
76.0k NOK
73.3k NOK
-3.6%
Total assets
1.06m NOK
947.1k NOK
-10.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.00m NOK to 3.00m NOK (+0.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 261.2k NOK → -8 645 NOK (equity ratio 24.8% → -0.9%). Calculated
-
↓
Cash fell
Bank deposits 76.0k NOK → 73.3k NOK (-3.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation