Org.nr 989 500 988 2018 → 2019 Year-over-year analysis

AGORA CREATIVE AS: årsregnskap 2019 vs 2018

Grew 9261% on revenue, cash halved-plus

approved 2020-07-02; registry 2020-09-12; journal 2020 798583

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGORA CREATIVE AS. Revenue 1 848 NOK → 173.0k NOK (+9261.5%). Equity 2.74m NOK → 2.63m NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

1 848 NOK 173.0k NOK

+9261.5%

Operating result

n/m +61.5k NOK

—

Net result

n/m -114.8k NOK

—

Equity

2.74m NOK 2.63m NOK

-4.2%

Cash

395.2k NOK 11.0k NOK

-97.2%

Total assets

4.69m NOK 4.58m NOK

-2.3%

↑
Revenue rose

Operating income / revenue moved from 1 848 NOK to 173.0k NOK (+9261.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.96× → 1.00×. Calculated

↓
Equity eroded

Book equity 2.74m NOK → 2.63m NOK (equity ratio 58.5% → 57.4%). Calculated
↓
Cash fell

Bank deposits 395.2k NOK → 11.0k NOK (-97.2% YoY). Calculated

·
Book investments changed

Investment / intangible book value 2.18m NOK → 2.15m NOK. Reported fact