AGIN AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
registry 2022-07-13; journal 2022 701358
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGIN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -5 NOK → -18.7k NOK. Equity 19.4k NOK → 702 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 AGIN AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -5 074 NOK → -18.7k NOK. Calculated
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↓
Net result weakened
Net result -5 NOK → -18.7k NOK. Calculated
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↓
Equity eroded
Book equity 19.4k NOK → 702 NOK (equity ratio 100.0% → 4.3%). Calculated
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↓
Cash fell
Bank deposits 19.4k NOK → 1 452 NOK (-92.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation