FirmaIQ
Org.nr 933 491 048 2018 → 2019 Year-over-year analysis

AGS BATTERISERVICE AS: årsregnskap 2019 vs 2018

Shrank 12% on revenue, slipped into loss

approved 2020-09-30; registry 2020-12-05; journal 2020 973437

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGS BATTERISERVICE AS. Revenue 5.82m NOK → 5.10m NOK (-12.3%). Net result +188.0k NOK → -256.1k NOK. Equity 1.61m NOK → 1.35m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.82m NOK 5.10m NOK
-12.3%
Operating result
+283.5k NOK -294.3k NOK
-203.8%
Net result
+188.0k NOK -256.1k NOK
-236.2%
Equity
1.61m NOK 1.35m NOK
-16.0%
Cash
642.4k NOK 830.9k NOK
+29.4%
Total assets
2.55m NOK 2.08m NOK
-18.3%

What improved

  • ↑

    Cash rose

    Bank deposits 642.4k NOK → 830.9k NOK (+29.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.82m NOK to 5.10m NOK (-12.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +283.5k NOK → -294.3k NOK (op. margin 4.9% → -5.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 188.0k NOK profit to a loss of 256.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.61m NOK → 1.35m NOK (equity ratio 63.0% → 64.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6 NOK → 6.88m NOK (0% → 135% of revenue). Calculated