FirmaIQ
Org.nr 918 317 740 2019 → 2020 Year-over-year analysis

AGF UTVIKLING AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-06-09; registry 2021-06-12; journal 2021 416042

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGF UTVIKLING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -4 764 NOK → -3 622 NOK. Equity 19.5k NOK → 15.9k NOK.

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

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-4 775 NOK -3 626 NOK
+24.1%
Net result
-4 764 NOK -3 622 NOK
+24.0%
Equity
19.5k NOK 15.9k NOK
-18.5%
Cash
19.5k NOK 9 907 NOK
-49.3%
Total assets
264.5k NOK 260.9k NOK
-1.4%

What improved

  • ↑

    Operating result improved

    Operating result -4 775 NOK → -3 626 NOK. Calculated

  • ↑

    Net result improved

    Net result -4 764 NOK → -3 622 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 19.5k NOK → 15.9k NOK (equity ratio 7.4% → 6.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.5k NOK → 9 907 NOK (-49.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 245.0k NOK → 6 000 NOK. Reported fact