AEGER GROUP AS: årsregnskap 2018 vs 2017
Shrank 14% on revenue, weaker earnings
approved 2019-06-26; registry 2019-07-06; journal 2019 615947
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AEGER GROUP AS. Revenue 4.49m NOK → 3.84m NOK (-14.4%). Net result +283.1k NOK → +55.3k NOK. Equity 813.6k NOK → 868.9k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AEGER GROUP AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 813.6k NOK → 868.9k NOK (equity ratio 48.7% → 56.6%). Calculated
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↑
Cash rose
Bank deposits 813.2k NOK → 828.2k NOK (+1.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.49m NOK to 3.84m NOK (-14.4% YoY). Calculated
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↓
Net result weakened
Net result +283.1k NOK → +55.3k NOK (net margin 6.3% → 1.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.08m NOK → 2.56m NOK (46% → 67% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 99.9k NOK → 99 NOK (-99.9% YoY). Calculated