AGENTA GROUP AS: årsregnskap 2020 vs 2019
Shrank 7% on revenue, slipped into loss, cash halved-plus
approved 2021-05-31; registry 2021-08-02; journal 2021 601466
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENTA GROUP AS. Revenue 5.52m NOK → 5.15m NOK (-6.8%). Net result +2 426 NOK → -13.3k NOK. Equity 116.6k NOK → 105.2k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for AGENTA GROUP AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 5.52m NOK to 5.15m NOK (-6.8% YoY). Calculated
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Operating result weakened
Operating result +312.1k NOK → +125.2k NOK (op. margin 5.7% → 2.4%). Calculated
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Fell into a net loss
Net result flipped from 2 426 NOK profit to a loss of 13.3k NOK. Calculated
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Equity eroded
Book equity 116.6k NOK → 105.2k NOK (equity ratio 1.9% → 1.6%). Calculated
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Cash fell
Bank deposits 200.7k NOK → 1 924 NOK (-99.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 111.4k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation