AGENTA AS: årsregnskap 2018 vs 2017
Grew 10320% on revenue
approved 2019-06-30; registry 2019-08-06; journal 2019 887666
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGENTA AS. Revenue 1 167 NOK → 121.6k NOK (+10319.6%). Equity -10.6k NOK → -100.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AGENTA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 167 NOK to 121.6k NOK (+10319.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -10.6k NOK → -100.6k NOK (equity ratio -9.2% → -102.0%). Calculated
-
↓
Cash fell
Bank deposits 53.3k NOK → 33.3k NOK (-37.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.19× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -102.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 2.32m NOK → 2.57m NOK (198614% → 2117% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 574.5k NOK → 501.3k NOK (-12.7% YoY). Calculated