AGILITY AS: årsregnskap 2016 vs 2015
Shrank 12% on revenue, weaker earnings, cash halved-plus
approved 2017-06-29; registry 2017-07-15; journal 2017 685494
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGILITY AS. Revenue 585.82m NOK → 515.62m NOK (-12.0%). Net result +38.79m NOK → +7.33m NOK. Equity 66.78m NOK → 70.87m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGILITY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 66.78m NOK → 70.87m NOK (equity ratio 21.9% → 33.0%). Calculated
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↑
Payroll decreased
Salary cost 180.57m NOK → 5.20m NOK (31% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 585.82m NOK to 515.62m NOK (-12.0% YoY). Calculated
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↓
Net result weakened
Net result +38.79m NOK → +7.33m NOK (net margin 6.6% → 1.4%). Calculated
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↓
Cash fell
Bank deposits 13.09m NOK → 2.04m NOK (-84.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (13.09m NOK → 2.04m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 8.29bn NOK → 8.24m NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 12.27m NOK → 12.3k NOK. Reported fact