AGNES 2 AS: årsregnskap 2019 vs 2018
Grew 293% on revenue, stronger earnings, cash halved-plus
approved 2020-05-27; registry 2020-08-06; journal 2020 654816
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGNES 2 AS. Revenue 364.5k NOK → 1.43m NOK (+292.9%). Net result +2 018 NOK → +186.6k NOK. Equity 3.63m NOK → 3.82m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 364.5k NOK to 1.43m NOK (+292.9% YoY). Calculated
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↑
Operating result improved
Operating result +502.5k NOK → +557.5k NOK (op. margin 137.9% → 38.9%). Calculated
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Net result improved
Net result +2 018 NOK → +186.6k NOK (net margin 0.6% → 13.0%). Calculated
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Equity strengthened
Book equity 3.63m NOK → 3.82m NOK (equity ratio 14.9% → 16.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 274.9k NOK → 68.4k NOK (-75.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.70× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated