FirmaIQ
Org.nr 919 605 308 2018 → 2019 Year-over-year analysis

AGH ENGINEERING AS: årsregnskap 2019 vs 2018

Grew 109% on revenue, weaker earnings

approved 2020-06-25; registry 2020-07-23; journal 2020 622675

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGH ENGINEERING AS. Revenue 1.03m NOK → 2.16m NOK (+109.0%). Net result +235.7k NOK → +148.0k NOK. Equity 11.24m NOK → 11.37m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.03m NOK 2.16m NOK
+109.0%
Operating result
+316.3k NOK +219.0k NOK
-30.8%
Net result
+235.7k NOK +148.0k NOK
-37.2%
Equity
11.24m NOK 11.37m NOK
+1.1%
Cash
311.1k NOK 482.5k NOK
+55.1%
Total assets
506.9k NOK 898.3k NOK
+77.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.03m NOK to 2.16m NOK (+109.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.24m NOK → 11.37m NOK (equity ratio 2218.4% → 1266.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 311.1k NOK → 482.5k NOK (+55.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +316.3k NOK → +219.0k NOK (op. margin 30.6% → 10.1%). Calculated

  • ↓

    Net result weakened

    Net result +235.7k NOK → +148.0k NOK (net margin 22.8% → 6.8%). Calculated