Org.nr 918 317 740 2018 → 2019 Year-over-year analysis

AGF UTVIKLING AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-07-10; registry 2020-07-27; journal 2020 609797

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AGF UTVIKLING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -158 NOK → -4 764 NOK. Equity 24.3k NOK → 19.5k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGF UTVIKLING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-170 NOK -4 775 NOK
-2708.8%
Net result
-158 NOK -4 764 NOK
-2915.2%
Equity
24.3k NOK 19.5k NOK
-19.6%
Cash
24.3k NOK 19.5k NOK
-19.6%
Total assets
269.3k NOK 264.5k NOK
-1.8%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -170 NOK → -4 775 NOK. Calculated

  • ↓

    Net result weakened

    Net result -158 NOK → -4 764 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.3k NOK → 19.5k NOK (equity ratio 9.0% → 7.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.3k NOK → 19.5k NOK (-19.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation