FirmaIQ
Org.nr 991 406 255 2016 → 2017 Year-over-year analysis

AGIO AS: årsregnskap 2017 vs 2016

Stronger earnings, cash halved-plus

approved 2018-05-18; registry 2018-06-16; journal 2018 483996

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGIO AS. Revenue 49.5k NOK → 49.5k NOK (0.0%). Net result +27.9k NOK → +42.8k NOK. Equity -2.48m NOK → -2.44m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGIO AS.

At a glance

Scorecard

Revenue
49.5k NOK 49.5k NOK
0.0%
Operating result
+750 NOK +26.6k NOK
+3452.1%
Net result
+27.9k NOK +42.8k NOK
+53.1%
Equity
-2.48m NOK -2.44m NOK
+1.7%
Cash
406.8k NOK 113.2k NOK
-72.2%
Total assets
1.69m NOK 1.23m NOK
-26.9%

What improved

  • ↑

    Operating result improved

    Operating result +750 NOK → +26.6k NOK (op. margin 1.5% → 53.8%). Calculated

  • ↑

    Net result improved

    Net result +27.9k NOK → +42.8k NOK (net margin 56.4% → 86.4%). Calculated

  • ↑

    Equity strengthened

    Book equity -2.48m NOK → -2.44m NOK (equity ratio -147.0% → -197.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 406.8k NOK → 113.2k NOK (-72.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -197.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 649.7k NOK → 538.4k NOK. Reported fact