Org.nr 894 606 762 2016 → 2017 Year-over-year analysis

AGITEL AS: årsregnskap 2017 vs 2016

Weaker earnings, cash halved-plus

approved 2018-04-26; registry 2018-08-02; journal 2018 856265

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGITEL AS. Net result -108.4k NOK → -249.6k NOK. Equity -621.7k NOK → -871.4k NOK.

Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGITEL AS.

At a glance

Net result

-108.4k NOK -249.6k NOK

-130.2%

Equity

-621.7k NOK -871.4k NOK

-40.2%

Cash

112.2k NOK 43.1k NOK

-61.6%

Total assets

257.4k NOK 88.3k NOK

-65.7%

↓
Net result weakened

Net result -108.4k NOK → -249.6k NOK. Calculated
↓
Equity eroded

Book equity -621.7k NOK → -871.4k NOK (equity ratio -241.5% → -987.4%). Calculated
↓
Cash fell

Bank deposits 112.2k NOK → 43.1k NOK (-61.6% YoY). Calculated
↓
COGS moved

COGS / varekostnad 2 709 NOK → 115.0k NOK (+4146.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is -987.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation