FirmaIQ
Org.nr 987 549 432 2018 → 2019 Year-over-year analysis

AGNES UTVIKLING AS: årsregnskap 2019 vs 2018

Shrank 79% on revenue, slipped into loss, fresh owner capital

approved 2020-05-27; registry 2020-09-23; journal 2020 847624

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGNES UTVIKLING AS. Revenue 14.87m NOK → 3.15m NOK (-78.8%). Net result +997.9k NOK → -3.97m NOK. Equity 45.11m NOK → 62.66m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; fell into a net loss; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
14.87m NOK 3.15m NOK
-78.8%
Operating result
n/m -4.33m NOK
—
Net result
+997.9k NOK -3.97m NOK
-497.8%
Equity
45.11m NOK 62.66m NOK
+38.9%
Cash
5 579 NOK 973.1k NOK
+17342.8%
Total assets
203.58m NOK 205.89m NOK
+1.1%

What improved

  • ↑

    Equity strengthened

    Book equity 45.11m NOK → 62.66m NOK (equity ratio 22.2% → 30.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 579 NOK → 973.1k NOK (+17342.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 48.48m NOK → 70.00m NOK (+21.52m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.87m NOK to 3.15m NOK (-78.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 997.9k NOK profit to a loss of 3.97m NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.36m NOK → 2.64m NOK (9% → 84% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.85m NOK → 1 NOK. Reported fact