AGENDA TRANSPORT AS: årsregnskap 2017 vs 2016
Grew 62% on revenue, weaker earnings
approved 2018-05-02; registry 2018-05-30; journal 2018 372131
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGENDA TRANSPORT AS. Revenue 2.26m NOK → 3.65m NOK (+61.6%). Net result +279.4k NOK → +114.5k NOK. Equity 556.2k NOK → 670.7k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGENDA TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.26m NOK to 3.65m NOK (+61.6% YoY). Calculated
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↑
Equity strengthened
Book equity 556.2k NOK → 670.7k NOK (equity ratio 49354.7% → 240.1%). Calculated
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↑
Cash rose
Bank deposits 703.5k NOK → 896.4k NOK (+27.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 2.10×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +287.7k NOK → +150.5k NOK (op. margin 12.8% → 4.1%). Calculated
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↓
Net result weakened
Net result +279.4k NOK → +114.5k NOK (net margin 12.4% → 3.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.50m NOK → 2.59m NOK (67% → 71% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 6 050 NOK → 12.9k NOK (+113.0% YoY). Calculated