Org.nr 988 632 910 2018 → 2019 Year-over-year analysis

AGIOS AS: årsregnskap 2019 vs 2018

Shrank 99% on revenue

approved 2020-04-24; registry 2020-04-29; journal 2020 314607

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGIOS AS. Revenue 1.81m NOK → 21.8k NOK (-98.8%). Equity 12.76m NOK → 12.49m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Revenue

1.81m NOK 21.8k NOK

-98.8%

Operating result

+152.2k NOK +235.2k NOK

+54.5%

Net result

n/m -80.5k NOK

—

Equity

12.76m NOK 12.49m NOK

-2.1%

Cash

369.8k NOK 642.3k NOK

+73.7%

Total assets

1.15m NOK 1.06m NOK

-8.1%

↑
Operating result improved

Operating result +152.2k NOK → +235.2k NOK (op. margin 8.4% → 1081.2%). Calculated
↑
Cash rose

Bank deposits 369.8k NOK → 642.3k NOK (+73.7% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.81m NOK to 21.8k NOK (-98.8% YoY). Calculated
↓
Equity eroded

Book equity 12.76m NOK → 12.49m NOK (equity ratio 1111.7% → 1184.1%). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.28× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated