AGNEFESTVEIEN 1 AS: årsregnskap 2019 vs 2018
Shrank 34% on revenue
approved 2020-02-05; registry 2020-03-28; journal 2020 261293
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGNEFESTVEIEN 1 AS. Revenue 537.0k NOK → 356.1k NOK (-33.7%). Equity -1.38m NOK → -1.63m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 855 NOK → 231.3k NOK (+26949.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 537.0k NOK to 356.1k NOK (-33.7% YoY). Calculated
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↓
Operating result weakened
Operating result +142.9k NOK → -76.2k NOK (op. margin 26.6% → -21.4%). Calculated
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↓
Equity eroded
Book equity -1.38m NOK → -1.63m NOK (equity ratio -18.5% → -22.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation