AGIO VENTURE AS: årsregnskap 2017 vs 2016
Shrank 44% on revenue, slipped into loss
approved 2018-05-31; registry 2018-06-13; journal 2018 470521
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGIO VENTURE AS. Revenue 30.4k NOK → 17.0k NOK (-44.1%). Net result +2 016 NOK → -1 735 NOK. Equity -249.3k NOK → -251.0k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -11.6k NOK → -1 737 NOK (op. margin -38.3% → -10.2%). Calculated
-
↑
Cash rose
Bank deposits 4 428 NOK → 12.1k NOK (+172.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.02× → 1.29×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 30.4k NOK to 17.0k NOK (-44.1% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 2 016 NOK profit to a loss of 1 735 NOK. Calculated
-
↓
Equity eroded
Book equity -249.3k NOK → -251.0k NOK (equity ratio -5630.1% → -2080.2%). Calculated