Org.nr 916 457 367 2016 → 2017 Year-over-year analysis

AGERE AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2018-06-28; registry 2018-07-09; journal 2018 647050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AGERE AS. Revenue 110 NOK → 0 NOK (-100.0%). Net result +28.8k NOK → -510.7k NOK. Equity 2.89m NOK → 2.38m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGERE AS.

Scorecard

Revenue
110 NOK 0 NOK
-100.0%
Operating result
-20.7k NOK -19.6k NOK
+5.4%
Net result
+28.8k NOK -510.7k NOK
-1872.7%
Equity
2.89m NOK 2.38m NOK
-17.7%
Cash
8 606 NOK 460 NOK
-94.7%
Total assets
2.91m NOK 2.55m NOK
-12.3%

What improved

  • ↑

    Operating result improved

    Operating result -20.7k NOK → -19.6k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 110 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 28.8k NOK profit to a loss of 510.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.89m NOK → 2.38m NOK (equity ratio 99.5% → 93.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 8 606 NOK → 460 NOK (-94.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.86m NOK → 2.36m NOK. Reported fact