FirmaIQ
Org.nr 980 535 398 2017 → 2018 Year-over-year analysis

AGI EIENDOM AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue, stronger earnings, cash halved-plus

approved 2019-05-15; registry 2019-06-05; journal 2019 383080

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGI EIENDOM AS. Revenue 1.31m NOK → 1.17m NOK (-10.6%). Net result +210.3k NOK → +377.9k NOK. Equity 2.01m NOK → 2.39m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

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

At a glance

Scorecard

Revenue
1.31m NOK 1.17m NOK
-10.6%
Operating result
+380.7k NOK +578.9k NOK
+52.0%
Net result
+210.3k NOK +377.9k NOK
+79.7%
Equity
2.01m NOK 2.39m NOK
+18.8%
Cash
834.0k NOK 295.9k NOK
-64.5%
Total assets
5.41m NOK 5.59m NOK
+3.3%

What improved

  • ↑

    Operating result improved

    Operating result +380.7k NOK → +578.9k NOK (op. margin 29.0% → 49.4%). Calculated

  • ↑

    Net result improved

    Net result +210.3k NOK → +377.9k NOK (net margin 16.0% → 32.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.01m NOK → 2.39m NOK (equity ratio 37.1% → 42.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 382.3k NOK → 7 NOK (29% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.31m NOK to 1.17m NOK (-10.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 834.0k NOK → 295.9k NOK (-64.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 747.5k NOK → 418.7k NOK. Reported fact