AGILE INTERACTIVE AS: årsregnskap 2017 vs 2016
Grew 75% on revenue
approved 2018-05-28; registry 2018-06-11; journal 2018 459241
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGILE INTERACTIVE AS. Revenue 1.46m NOK → 2.56m NOK (+75.1%). Equity 8.22m NOK → 626 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGILE INTERACTIVE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.46m NOK to 2.56m NOK (+75.1% YoY). Calculated
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↑
Cash rose
Bank deposits 137.8k NOK → 151.5k NOK (+10.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.89×. Calculated
-
↑
Payroll decreased
Salary cost 3.70m NOK → 1.08m NOK (253% → 42% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 8.22m NOK → 626 NOK (equity ratio 619.6% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 219.9k NOK → 505.0k NOK (+129.6% YoY). Calculated