Org.nr 983 715 923 2019 → 2020 Year-over-year analysis

AGITO GROUP AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-08-18; registry 2021-08-21; journal 2021 654277

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGITO GROUP AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +21.7k NOK → -21.1k NOK. Equity -172.7k NOK → -193.8k NOK.

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 AGITO GROUP AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+8 905 NOK -15.1k NOK
-269.9%
Net result
+21.7k NOK -21.1k NOK
-197.5%
Equity
-172.7k NOK -193.8k NOK
-12.2%
Cash
1 821 NOK 1 460 NOK
-19.8%
Total assets
499.9k NOK 517.9k NOK
+3.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +8 905 NOK → -15.1k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 21.7k NOK profit to a loss of 21.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -172.7k NOK → -193.8k NOK (equity ratio -34.5% → -37.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -37.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 387.0k NOK → 395.4k NOK. Reported fact