AGER AS: årsregnskap 2018 vs 2017
Grew 86102% on revenue, slipped into loss, cash halved-plus
approved 2019-08-26; registry 2019-09-02; journal 2019 931868
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGER AS. Revenue 1 917 NOK → 1.65m NOK (+86102.0%). Net result +280.9k NOK → -286.1k NOK. Equity 763.1k NOK → 1.48m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: sharp cash drawdown; 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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↑
Revenue rose
Operating income / revenue moved from 1 917 NOK to 1.65m NOK (+86102.0% YoY). Calculated
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↑
Equity strengthened
Book equity 763.1k NOK → 1.48m NOK (equity ratio 14.4% → 89.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +566.3k NOK → +157.0k NOK (op. margin 29543.0% → 9.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 280.9k NOK profit to a loss of 286.1k NOK. Calculated
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↓
Cash fell
Bank deposits 2.70m NOK → 796.8k NOK (-70.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.70m NOK → 796.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 2.14m NOK → 2 140 NOK. Reported fact