AGG INVEST AS: årsregnskap 2017 vs 2016
Grew 29% on revenue, weaker earnings
approved 2018-06-25; registry 2018-07-11; journal 2018 714356
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGG INVEST AS. Revenue 893.6k NOK → 1.15m NOK (+29.2%). Net result +304.6k NOK → +185.3k NOK. Equity 714.1k NOK → 899.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGG INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 893.6k NOK to 1.15m NOK (+29.2% YoY). Calculated
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↑
Equity strengthened
Book equity 714.1k NOK → 899.3k NOK (equity ratio 35.6% → 28.8%). Calculated
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↑
Cash rose
Bank deposits 73.7k NOK → 115.7k NOK (+57.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.81× → 1.13×. Calculated
What deteriorated
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↓
Net result weakened
Net result +304.6k NOK → +185.3k NOK (net margin 34.1% → 16.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 368.3k NOK → 281.9k NOK (-23.5% YoY). Calculated