Org.nr 989 214 721 2017 → 2018 Year-over-year analysis

AGIA INVEST AS: årsregnskap 2018 vs 2017

Returned to profit

approved 2019-08-13; registry 2019-09-17; journal 2019 935582

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AGIA INVEST AS. Net result -73.7k NOK → +728 NOK. Equity -6.99m NOK → -6.96m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

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

Scorecard

Revenue
0 NOK n/m
—
Operating result
-74.0k NOK 0 NOK
+100.0%
Net result
-73.7k NOK +728 NOK
+101.0%
Equity
-6.99m NOK -6.96m NOK
+0.5%
Cash
3 130 NOK 3 595 NOK
+14.9%
Total assets
23.7k NOK 3 595 NOK
-84.8%

What improved

  • ↑

    Operating result improved

    Operating result -74.0k NOK → 0 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 73.7k NOK to a profit of 728 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -6.99m NOK → -6.96m NOK (equity ratio -29510.5% → -193649.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -193649.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation