FirmaIQ
Org.nr 994 700 111 2018 → 2019 Year-over-year analysis

AGF AS: årsregnskap 2019 vs 2018

Shrank 42% on revenue, weaker earnings

approved 2020-06-15; registry 2020-06-24; journal 2020 480912

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGF AS. Revenue 8.84m NOK → 5.17m NOK (-41.5%). Net result +5.04m NOK → +1.99m NOK. Equity 4.20bn NOK → 4.20bn NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGF AS.

At a glance

Scorecard

Revenue
8.84m NOK 5.17m NOK
-41.5%
Operating result
+6.08m NOK +2.42m NOK
-60.2%
Net result
+5.04m NOK +1.99m NOK
-60.4%
Equity
4.20bn NOK 4.20bn NOK
-0.0%
Cash
5.48m NOK 3.32m NOK
-39.3%
Total assets
201.50m NOK 200.65m NOK
-0.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.84m NOK to 5.17m NOK (-41.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.08m NOK → +2.42m NOK (op. margin 68.8% → 46.8%). Calculated

  • ↓

    Net result weakened

    Net result +5.04m NOK → +1.99m NOK (net margin 57.0% → 38.5%). Calculated

  • ↓

    Equity eroded

    Book equity 4.20bn NOK → 4.20bn NOK (equity ratio 2084.7% → 2093.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.48m NOK → 3.32m NOK (-39.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 132.30m NOK → 130.30m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 8.15m NOK → 8.30m NOK. Reported fact