FirmaIQ
Org.nr 991 136 088 2017 → 2018 Year-over-year analysis

AGON INVEST AS: årsregnskap 2018 vs 2017

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

approved 2019-05-20; registry 2019-06-17; journal 2019 441916

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGON INVEST AS. Revenue 1.20m NOK → 1 200 NOK (-99.9%). Net result +367.5k NOK → -423.4k NOK. Equity -3.49m NOK → -3.91m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGON INVEST AS.

At a glance

Scorecard

Revenue
1.20m NOK 1 200 NOK
-99.9%
Operating result
+195.8k NOK -47.7k NOK
-124.4%
Net result
+367.5k NOK -423.4k NOK
-215.2%
Equity
-3.49m NOK -3.91m NOK
-12.1%
Cash
107.0k NOK 50.0k NOK
-53.3%
Total assets
1.11m NOK 613.8k NOK
-44.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.20m NOK to 1 200 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +195.8k NOK → -47.7k NOK (op. margin 16.3% → -3973.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 367.5k NOK profit to a loss of 423.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -3.49m NOK → -3.91m NOK (equity ratio -315.3% → -637.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 107.0k NOK → 50.0k NOK (-53.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -637.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation