AGIO AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-04-27; registry 2019-08-01; journal 2019 839752
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGIO AS. Revenue 49.5k NOK → 49.5k NOK (0.0%). Net result +42.8k NOK → -245.0k NOK. Equity -2.44m NOK → -2.68m NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGIO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 113.2k NOK → 116.7k NOK (+3.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +26.6k NOK → +22.4k NOK (op. margin 53.8% → 45.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 42.8k NOK profit to a loss of 245.0k NOK. Calculated
-
↓
Equity eroded
Book equity -2.44m NOK → -2.68m NOK (equity ratio -197.7% → -293.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -293.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 538.4k NOK → 1 460 NOK. Reported fact