AGERA HOLDING AS: årsregnskap 2018 vs 2017
Grew 80% on revenue, weaker earnings
approved 2019-06-21; registry 2019-07-23; journal 2019 771837
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGERA HOLDING AS. Revenue 1.61m NOK → 2.89m NOK (+80.1%). Net result +221.4k NOK → +30.9k NOK. Equity 335.3k NOK → 366.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGERA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.61m NOK to 2.89m NOK (+80.1% YoY). Calculated
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↑
Equity strengthened
Book equity 335.3k NOK → 366.2k NOK (equity ratio 9.3% → 8.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +282.0k NOK → +146.3k NOK (op. margin 17.6% → 5.1%). Calculated
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↓
Net result weakened
Net result +221.4k NOK → +30.9k NOK (net margin 13.8% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 483.5k NOK → 363.9k NOK (-24.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1 308 NOK → 2.63m NOK (+200872.2% YoY). Calculated