AGIO AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-08-31; registry 2020-10-01; journal 2020 886506
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGIO AS. Revenue 49.5k NOK → 49.5k NOK (0.0%). Net result -245.0k NOK → -61.5k NOK. Equity -2.68m NOK → -2.74m NOK.
On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; 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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↑
Net result improved
Net result -245.0k NOK → -61.5k NOK (net margin -494.9% → -124.3%). Calculated
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Cash rose
Bank deposits 116.7k NOK → 493.7k NOK (+323.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +22.4k NOK → -76.6k NOK (op. margin 45.3% → -154.7%). Calculated
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↓
Equity eroded
Book equity -2.68m NOK → -2.74m NOK (equity ratio -293.0% → -326.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -326.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 1 460 NOK → 1 NOK. Reported fact