AGILE SOLUTIONS AS: årsregnskap 2018 vs 2017
Grew 17% on revenue, returned to profit
approved 2019-02-10; registry 2019-02-25; journal 2019 214533
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGILE SOLUTIONS AS. Revenue 2.05m NOK → 2.39m NOK (+16.6%). Net result -60.4k NOK → +331.7k NOK. Equity 1.05m NOK → 1.38m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGILE SOLUTIONS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.05m NOK to 2.39m NOK (+16.6% YoY). Calculated
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Operating result improved
Operating result -59.1k NOK → +333.9k NOK (op. margin -2.9% → 14.0%). Calculated
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Turned profitable
Net result flipped from a loss of 60.4k NOK to a profit of 331.7k NOK. Calculated
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Equity strengthened
Book equity 1.05m NOK → 1.38m NOK (equity ratio 79.5% → 81.7%). Calculated
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Cash rose
Bank deposits 1.09m NOK → 1.25m NOK (+14.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 7 NOK → 1.04m NOK (0% → 44% of revenue). Calculated