Org.nr 916 543 360 2018 → 2019 Year-over-year analysis

AGO BYGG AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2020-08-31; registry 2020-09-23; journal 2020 849786

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AGO BYGG AS. Revenue 681 NOK → 0 NOK (-100.0%). Net result +243.2k NOK → -19.1k NOK. Equity 82.8k NOK → 63.7k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

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

Scorecard

Revenue
681 NOK 0 NOK
-100.0%
Operating result
-244.0k NOK -18.7k NOK
+92.3%
Net result
+243.2k NOK -19.1k NOK
-107.9%
Equity
82.8k NOK 63.7k NOK
-23.1%
Cash
83.8k NOK 15.0k NOK
-82.1%
Total assets
83.8k NOK 435.0k NOK
+419.3%

What improved

  • ↑

    Operating result improved

    Operating result -244.0k NOK → -18.7k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 681 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 243.2k NOK profit to a loss of 19.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 82.8k NOK → 63.7k NOK (equity ratio 98.9% → 14.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 83.8k NOK → 15.0k NOK (-82.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 780.0k NOK → 120.0k NOK. Reported fact