AEGIR AS: årsregnskap 2018 vs 2017
Shrank 37% on revenue, weaker earnings
approved 2019-02-27; registry 2019-06-19; journal 2019 473159
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AEGIR AS. Revenue 15.04m NOK → 9.48m NOK (-36.9%). Net result +759.3k NOK → +9 567 NOK. Equity 3.15m NOK → 3.16m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AEGIR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.15m NOK → 3.16m NOK (equity ratio 69.6% → 52.9%). Calculated
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↑
Cash rose
Bank deposits 1.70m NOK → 2.27m NOK (+33.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.04m NOK → 1.56m NOK (20% → 16% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.04m NOK to 9.48m NOK (-36.9% YoY). Calculated
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↓
Net result weakened
Net result +759.3k NOK → +9 567 NOK (net margin 5.0% → 0.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 9.77m NOK → 6.85m NOK (-29.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 271.5k NOK → 297.5k NOK. Reported fact