Org.nr 991 136 088 2020 → 2021 Year-over-year analysis

AGON INVEST AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus

approved 2022-05-03; registry 2022-07-07; journal 2022 641276

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGON INVEST AS. Net result +6 178 NOK → -255.7k NOK. Equity -4.00m NOK → -4.25m NOK.

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

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

At a glance

Operating result

-40.0k NOK -43.0k NOK

-7.6%

Net result

+6 178 NOK -255.7k NOK

-4239.5%

Equity

-4.00m NOK -4.25m NOK

-6.4%

Cash

106.3k NOK 6 726 NOK

-93.7%

Total assets

834.4k NOK 551.3k NOK

-33.9%

↓
Operating result weakened

Operating result -40.0k NOK → -43.0k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 6 178 NOK profit to a loss of 255.7k NOK. Calculated
↓
Equity eroded

Book equity -4.00m NOK → -4.25m NOK (equity ratio -478.9% → -771.3%). Calculated
↓
Cash fell

Bank deposits 106.3k NOK → 6 726 NOK (-93.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -771.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation