.EAGL TECHNOLOGIES AS: årsregnskap 2020 vs 2019
Slipped into loss, fresh owner capital
approved 2021-02-22; registry 2021-03-01; journal 2021 130374
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for .EAGL TECHNOLOGIES AS. Revenue 50.0k NOK → 50.0k NOK (0.0%). Net result +243.3k NOK → -317.7k NOK. Equity 48.8k NOK → -263.3k NOK.
On the constructive side: cash rose; 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 .EAGL TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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Cash rose
Bank deposits 60.4k NOK → 776.5k NOK (+1184.9% YoY). Calculated
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Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +31.2k NOK → -322.5k NOK (op. margin 62.5% → -645.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 243.3k NOK profit to a loss of 317.7k NOK. Calculated
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↓
Equity eroded
Book equity 48.8k NOK → -263.3k NOK (equity ratio 80.7% → -20.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation