AGRONOMEN AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2019-12-31; registry 2020-06-30; journal 2020 517201
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRONOMEN AS. Equity -7 846 NOK → -66.0k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRONOMEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 7 724 NOK → 32.9k NOK (+325.9% YoY). Calculated
-
↑
Payroll decreased
Salary cost 8.21m NOK → 7 NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -15.9k NOK → -58.1k NOK. Calculated
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↓
Equity eroded
Book equity -7 846 NOK → -66.0k NOK (equity ratio -101.6% → -185.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -185.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation