FirmaIQ
Org.nr 923 844 341 2019 → 2020 Year-over-year analysis

AGS AUTO AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-09-06; registry 2021-09-09; journal 2021 743285

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGS AUTO AS. Net result -7 663 NOK → -4 594 NOK. Equity 21.2k NOK → 16.6k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
0 NOK n/m
—
Operating result
-7 644 NOK -4 597 NOK
+39.9%
Net result
-7 663 NOK -4 594 NOK
+40.0%
Equity
21.2k NOK 16.6k NOK
-21.6%
Cash
24.1k NOK 214 NOK
-99.1%
Total assets
24.1k NOK 16.6k NOK
-31.1%

What improved

  • ↑

    Operating result improved

    Operating result -7 644 NOK → -4 597 NOK. Calculated

  • ↑

    Net result improved

    Net result -7 663 NOK → -4 594 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 21.2k NOK → 16.6k NOK (equity ratio 88.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.1k NOK → 214 NOK (-99.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 8.31× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated