FirmaIQ
Org.nr 913 675 169 2018 → 2019 Year-over-year analysis

AGGREGATED GAS RESOURCES AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-09-29; registry 2020-10-15; journal 2020 947017

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGGREGATED GAS RESOURCES AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +3 997 NOK → -3 531 NOK. Equity -37.9k NOK → -41.4k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGGREGATED GAS RESOURCES AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -3 531 NOK
—
Net result
+3 997 NOK -3 531 NOK
-188.3%
Equity
-37.9k NOK -41.4k NOK
-9.3%
Cash
685.0k NOK 384.7k NOK
-43.8%
Total assets
685.0k NOK 384.7k NOK
-43.8%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 3 997 NOK profit to a loss of 3 531 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -37.9k NOK → -41.4k NOK (equity ratio -5.5% → -10.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 685.0k NOK → 384.7k NOK (-43.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -10.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation