Org.nr 987 411 198 2018 → 2019 Year-over-year analysis

AGRIPA NORGE AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-08-31; registry 2020-09-16; journal 2020 822555

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AGRIPA NORGE AS. Revenue 0 NOK → 3.66m NOK. Net result -2 015 NOK → -243.3k NOK. Equity 231.1k NOK → -12.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for AGRIPA NORGE AS.

Scorecard

Revenue
0 NOK 3.66m NOK
—
Operating result
-2 015 NOK -235.4k NOK
-11580.1%
Net result
-2 015 NOK -243.3k NOK
-11976.3%
Equity
231.1k NOK -12.3k NOK
-105.3%
Cash
n/m 71.5k NOK
—
Total assets
636.0k NOK 179.2k NOK
-71.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 3.66m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2 015 NOK → -235.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result -2 015 NOK → -243.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 231.1k NOK → -12.3k NOK (equity ratio 36.3% → -6.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 231.1k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation