AGON INVEST AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-04-26; registry 2021-06-12; journal 2021 299840
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGON INVEST AS. Net result -87.9k NOK → +6 178 NOK. Equity -4.00m NOK → -4.00m NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AGON INVEST AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 87.9k NOK to a profit of 6 178 NOK. Calculated
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↑
Equity strengthened
Book equity -4.00m NOK → -4.00m NOK (equity ratio -599.2% → -478.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -34.9k NOK → -40.0k NOK. Calculated
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↓
Cash fell
Bank deposits 2.27m NOK → 106.3k NOK (-95.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.27m NOK → 106.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation