Org.nr 983 715 923 2018 → 2019 Year-over-year analysis

AGITO GROUP AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-07-15; registry 2020-07-27; journal 2020 625703

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AGITO GROUP AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +17.6k NOK → +21.7k NOK. Equity -151.0k NOK → -172.7k NOK.

On the constructive side: net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGITO GROUP AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+16.9k NOK +8 905 NOK
-47.3%
Net result
+17.6k NOK +21.7k NOK
+22.9%
Equity
-151.0k NOK -172.7k NOK
-14.4%
Cash
5 567 NOK 1 821 NOK
-67.3%
Total assets
213.6k NOK 499.9k NOK
+134.0%

What improved

  • ↑

    Net result improved

    Net result +17.6k NOK → +21.7k NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.35× → 9.52×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +16.9k NOK → +8 905 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -151.0k NOK → -172.7k NOK (equity ratio -70.7% → -34.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 567 NOK → 1 821 NOK (-67.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 127.0k NOK → 387.0k NOK. Reported fact