AGF AS: årsregnskap 2018 vs 2017
Shrank 15% on revenue, cash halved-plus
approved 2019-06-17; registry 2019-06-26; journal 2019 536476
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGF AS. Revenue 10.35m NOK → 8.84m NOK (-14.6%). Equity 4.20bn NOK → 4.20bn NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGF AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.20bn NOK → 4.20bn NOK (equity ratio 2123.1% → 2084.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.35m NOK to 8.84m NOK (-14.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +8.60m NOK → +6.08m NOK (op. margin 83.1% → 68.8%). Calculated
-
↓
Cash fell
Bank deposits 12.15m NOK → 5.48m NOK (-54.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 134.30m NOK → 132.30m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 7 249 NOK → 8.15m NOK. Reported fact