Org.nr 919 755 105 2017 → 2018 Year-over-year analysis

AGILIUM WORLDWIDE NORWAY AS: årsregnskap 2018 vs 2017

Shrank 65% on revenue

approved 2019-04-08; registry 2019-07-02; journal 2019 583361

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGILIUM WORLDWIDE NORWAY AS. Revenue 615.7k NOK → 215.3k NOK (-65.0%). Equity -90.6k NOK → -483.4k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGILIUM WORLDWIDE NORWAY AS.

At a glance

Revenue

615.7k NOK 215.3k NOK

-65.0%

Operating result

+151.1k NOK n/m

—

Net result

+120.6k NOK n/m

—

Equity

-90.6k NOK -483.4k NOK

-433.6%

Cash

144.6k NOK 78.2k NOK

-45.9%

Total assets

1.02m NOK 692.3k NOK

-32.4%

↓
Revenue fell

Operating income / revenue moved from 615.7k NOK to 215.3k NOK (-65.0% YoY). Calculated
↓
Equity eroded

Book equity -90.6k NOK → -483.4k NOK (equity ratio -8.9% → -69.8%). Calculated
↓
Cash fell

Bank deposits 144.6k NOK → 78.2k NOK (-45.9% YoY). Calculated

·
Thin equity buffer

Equity ratio is -69.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 584.9k NOK → 273.6k NOK (-53.2% YoY). Calculated