Org.nr 912 899 969 2019 → 2020 Year-over-year analysis

AGT HOLDING RØRVIK AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-05-07; registry 2021-05-31; journal 2021 355131

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGT HOLDING RØRVIK AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +7 308 NOK → -5 997 NOK. Equity -29.3k NOK → -35.3k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGT HOLDING RØRVIK AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+7 313 NOK -6 000 NOK
-182.0%
Net result
+7 308 NOK -5 997 NOK
-182.1%
Equity
-29.3k NOK -35.3k NOK
-20.5%
Cash
5 524 NOK 5 527 NOK
+0.1%
Total assets
1.39m NOK 1.39m NOK
+0.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +7 313 NOK → -6 000 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7 308 NOK profit to a loss of 5 997 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -29.3k NOK → -35.3k NOK (equity ratio -2.1% → -2.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.38m NOK → 3 NOK. Reported fact