Org.nr 989 005 596 2018 → 2019 Year-over-year analysis

AGS HOLDING AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-04-01; registry 2020-08-22; journal 2020 685948

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AGS HOLDING AS. Revenue 0 NOK → 270.0k NOK. Net result +4.04m NOK → -3.63m NOK. Equity 32.05m NOK → 27.48m NOK.

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

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

Scorecard

Revenue
0 NOK 270.0k NOK
—
Operating result
-4.19m NOK -2.17m NOK
+48.1%
Net result
+4.04m NOK -3.63m NOK
-189.9%
Equity
32.05m NOK 27.48m NOK
-14.3%
Cash
484.1k NOK 1.01m NOK
+108.7%
Total assets
42.51m NOK 41.95m NOK
-1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 270.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -4.19m NOK → -2.17m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 484.1k NOK → 1.01m NOK (+108.7% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 4.04m NOK profit to a loss of 3.63m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 32.05m NOK → 27.48m NOK (equity ratio 75.4% → 65.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.39m NOK → 8.60m NOK. Reported fact