AGIL CONSULTING AS: årsregnskap 2018 vs 2017
Stronger earnings, cash halved-plus
approved 2019-04-07; registry 2019-04-29; journal 2019 293105
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGIL CONSULTING AS. Revenue 0 NOK → 750 NOK. Net result -48.7k NOK → -23.4k NOK. Equity -32.0k NOK → -55.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
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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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 750 NOK. Calculated
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↑
Operating result improved
Operating result -45.9k NOK → -23.4k NOK. Calculated
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↑
Net result improved
Net result -48.7k NOK → -23.4k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity -32.0k NOK → -55.4k NOK (equity ratio -387.9% → -87907.9%). Calculated
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↓
Cash fell
Bank deposits 5 855 NOK → 63 NOK (-98.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -87907.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation