Org.nr 917 214 689 2018 → 2019 Year-over-year analysis

AGERA NORGE AS: årsregnskap 2019 vs 2018

Shrank 7% on revenue

approved 2019-12-31; registry 2020-09-21; journal 2020 838436

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGERA NORGE AS. Revenue 9.56m NOK → 8.87m NOK (-7.3%). Equity 53.3k NOK → 45.5k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGERA NORGE AS.

At a glance

Revenue

9.56m NOK 8.87m NOK

-7.3%

Operating result

+960.9k NOK +1.11m NOK

+15.2%

Net result

n/m +862.8k NOK

—

Equity

53.3k NOK 45.5k NOK

-14.7%

Cash

447.1k NOK 662.4k NOK

+48.2%

Total assets

2.90m NOK 3.22m NOK

+11.1%

↑
Operating result improved

Operating result +960.9k NOK → +1.11m NOK (op. margin 10.1% → 12.5%). Calculated
↑
Cash rose

Bank deposits 447.1k NOK → 662.4k NOK (+48.2% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.56m NOK to 8.87m NOK (-7.3% YoY). Calculated
↓
Equity eroded

Book equity 53.3k NOK → 45.5k NOK (equity ratio 1.8% → 1.4%). Calculated

·
Thin equity buffer

Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 4.37m NOK → 436.4k NOK (-90.0% YoY). Calculated