AGS SOLUTIONS AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus, fresh owner capital
approved 2021-05-26; registry 2021-06-17; journal 2021 436420
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGS SOLUTIONS AS. Revenue 504.0k NOK → 504.0k NOK (0.0%). Net result +183.2k NOK → -2.58m NOK. Equity 7.21m NOK → -2.25m NOK.
On the constructive side: owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGS SOLUTIONS AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 30.0k NOK → 150.0k NOK (+120.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +245.4k NOK → -2.63m NOK (op. margin 48.7% → -521.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 183.2k NOK profit to a loss of 2.58m NOK. Calculated
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↓
Equity eroded
Book equity 7.21m NOK → -2.25m NOK (equity ratio 1780.5% → -606.9%). Calculated
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↓
Cash fell
Bank deposits 404.1k NOK → 43.1k NOK (-89.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.11× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -606.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation