FirmaIQ
Org.nr 991 406 255 2019 → 2020 Year-over-year analysis

AGIO AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-08-20; registry 2021-10-12; journal 2021 804406

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGIO AS. Revenue 49.5k NOK → 49.5k NOK (0.0%). Net result -61.5k NOK → -118.0k NOK. Equity -2.74m NOK → -2.86m NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
49.5k NOK 49.5k NOK
0.0%
Operating result
-76.6k NOK -54.5k NOK
+28.8%
Net result
-61.5k NOK -118.0k NOK
-91.8%
Equity
-2.74m NOK -2.86m NOK
-4.3%
Cash
493.7k NOK 63.7k NOK
-87.1%
Total assets
839.8k NOK 721.7k NOK
-14.1%

What improved

  • ↑

    Operating result improved

    Operating result -76.6k NOK → -54.5k NOK (op. margin -154.7% → -110.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -61.5k NOK → -118.0k NOK (net margin -124.3% → -238.5%). Calculated

  • ↓

    Equity eroded

    Book equity -2.74m NOK → -2.86m NOK (equity ratio -326.5% → -396.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 493.7k NOK → 63.7k NOK (-87.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -396.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation