AGENDA EIENDOM AS: årsregnskap 2018 vs 2017
Weaker earnings, cash halved-plus
approved 2019-04-25; registry 2019-06-04; journal 2019 375326
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGENDA EIENDOM AS. Revenue 13.91m NOK → 13.58m NOK (-2.4%). Net result +268.2k NOK → +79.2k NOK. Equity 1.52m NOK → 1.29m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGENDA EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.80× → 1.49×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.91m NOK to 13.58m NOK (-2.4% YoY). Calculated
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↓
Operating result weakened
Operating result +346.0k NOK → +97.8k NOK (op. margin 2.5% → 0.7%). Calculated
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↓
Net result weakened
Net result +268.2k NOK → +79.2k NOK (net margin 1.9% → 0.6%). Calculated
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↓
Equity eroded
Book equity 1.52m NOK → 1.29m NOK (equity ratio 33.5% → 33.5%). Calculated
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↓
Cash fell
Bank deposits 649.3k NOK → 211.5k NOK (-67.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 9.61m NOK → 9.17m NOK (-4.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.06m NOK → 2 062 NOK. Reported fact