AGERA NORGE AS: årsregnskap 2017 vs 2016
Grew 633301% on revenue, slipped into loss
approved 2018-04-19; registry 2018-05-22; journal 2018 327172
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGERA NORGE AS. Revenue 1 585 NOK → 10.04m NOK (+633300.9%). Net result +2 016 NOK → -33.8k NOK. Equity 30.1k NOK → -3 698 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AGERA NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 585 NOK to 10.04m NOK (+633300.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +216.5k NOK → -29.6k NOK (op. margin 13661.3% → -0.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 2 016 NOK profit to a loss of 33.8k NOK. Calculated
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↓
Equity eroded
Book equity 30.1k NOK → -3 698 NOK (equity ratio 1.2% → -0.3%). Calculated
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↓
Cash fell
Bank deposits 316.5k NOK → 188.8k NOK (-40.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 996.98× → 1.00× — 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 -0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 423 NOK → 972.4k NOK (216% → 10% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 945.3k NOK → 140.1k NOK (-85.2% YoY). Calculated