AGER AS: årsregnskap 2017 vs 2016
Shrank 97% on revenue, returned to profit
approved 2018-07-03; registry 2018-07-10; journal 2018 661746
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGER AS. Revenue 65.4k NOK → 1 917 NOK (-97.1%). Net result -131.2k NOK → +280.9k NOK. Equity 482.3k NOK → 763.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -130.8k NOK → +566.3k NOK (op. margin -200.1% → 29543.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 131.2k NOK to a profit of 280.9k NOK. Calculated
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↑
Equity strengthened
Book equity 482.3k NOK → 763.1k NOK (equity ratio 174.6% → 14.4%). Calculated
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↑
Cash rose
Bank deposits 88.0k NOK → 2.70m NOK (+2964.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.34× → 2.96×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 65.4k NOK to 1 917 NOK (-97.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 140.0k NOK → 2.14m NOK. Reported fact