Org.nr 938 806 888 2016 → 2017 Year-over-year analysis

AGENDEC AS: årsregnskap 2017 vs 2016

Grew 13% on revenue, cash halved-plus

approved 2018-05-28; registry 2018-06-07; journal 2018 423186

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGENDEC AS. Revenue 3.12m NOK → 3.52m NOK (+12.9%). Equity 893.0k NOK → 770.7k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGENDEC AS.

At a glance

Revenue

3.12m NOK 3.52m NOK

+12.9%

Equity

893.0k NOK 770.7k NOK

-13.7%

Cash

296.9k NOK 114.7k NOK

-61.4%

Total assets

1.65m NOK 430.4k NOK

-73.8%

↑
Revenue rose

Operating income / revenue moved from 3.12m NOK to 3.52m NOK (+12.9% YoY). Calculated

↓
Equity eroded

Book equity 893.0k NOK → 770.7k NOK (equity ratio 54.3% → 179.0%). Calculated
↓
Cash fell

Bank deposits 296.9k NOK → 114.7k NOK (-61.4% YoY). Calculated

·
Payroll increased

Salary cost 2.05m NOK → 2.75m NOK (66% → 78% of revenue). Calculated
·
COGS fell

COGS / varekostnad 336.6k NOK → 309.9k NOK (-7.9% YoY). Calculated