AGIL CONSULTING AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2018-02-15; registry 2018-05-23; journal 2018 342111
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGIL CONSULTING AS. Revenue 54.4k NOK → 0 NOK (-100.0%). Net result +47.1k NOK → -48.7k NOK. Equity 16.7k NOK → -32.0k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGIL CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -66.6k NOK → -45.9k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 54.4k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 47.1k NOK profit to a loss of 48.7k NOK. Calculated
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↓
Equity eroded
Book equity 16.7k NOK → -32.0k NOK (equity ratio 21.4% → -387.9%). Calculated
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↓
Cash fell
Bank deposits 42.4k NOK → 5 855 NOK (-86.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -387.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation