AGORA AS: årsregnskap 1999 vs 1998
Grew 415339% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AGORA AS. Revenue 1 323 NOK → 5.50m NOK (+415338.6%). Equity 369.2k NOK → -512.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AGORA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 323 NOK to 5.50m NOK (+415338.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -233.5k NOK → -860.7k NOK (op. margin -17650.3% → -15.7%). Calculated
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↓
Equity eroded
Book equity 369.2k NOK → -512.1k NOK (equity ratio 13455.0% → -19.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 115.49× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 621.4k NOK → 2.15m NOK (46969% → 39% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 284.4k NOK → 274.5k NOK (-3.5% YoY). Calculated