Org.nr 913 743 075 2018 → 2019 Year-over-year analysis

ARGEO ASA: årsregnskap 2019 vs 2018

Weaker earnings, fresh owner capital

approved 2020-06-04; registry 2020-08-20; journal 2020 685276

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ARGEO ASA. Net result -99.2k NOK → -146.4k NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ARGEO ASA.

At a glance

Revenue

n/m 3.14m NOK

—

Operating result

-126.0k NOK -189.8k NOK

-50.6%

Net result

-99.2k NOK -146.4k NOK

-47.7%

Equity

n/m 7.09m NOK

—

Cash

446.0k NOK 987.1k NOK

+121.3%

Total assets

5.69m NOK 7.10m NOK

+24.6%

↑
Cash rose

Bank deposits 446.0k NOK → 987.1k NOK (+121.3% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 5.84m NOK → 7.39m NOK (+1.55m NOK). Reported fact

↓
Operating result weakened

Operating result -126.0k NOK → -189.8k NOK. Calculated
↓
Net result weakened

Net result -99.2k NOK → -146.4k NOK. Calculated

·
Payroll increased

Salary cost 85.6k NOK → 3.11m NOK. Calculated
·
Book investments changed

Investment / intangible book value 5.20m NOK → 5.68m NOK. Reported fact