AGITO AS: årsregnskap 2017 vs 2016
Shrank 21% on revenue, returned to profit
approved 2018-06-27; registry 2018-07-25; journal 2018 779382
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGITO AS. Revenue 5.90m NOK → 4.63m NOK (-21.5%). Net result -241.3k NOK → +525.7k NOK. Equity -15.1k NOK → 162.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGITO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -235.8k NOK → +679.3k NOK (op. margin -4.0% → 14.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 241.3k NOK to a profit of 525.7k NOK. Calculated
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↑
Equity strengthened
Book equity -15.1k NOK → 162.8k NOK (equity ratio -0.5% → 4.9%). Calculated
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↑
Cash rose
Bank deposits 48.6k NOK → 120.2k NOK (+147.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.90m NOK to 4.63m NOK (-21.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.27m NOK → 602.8k NOK (-73.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.49m NOK → 1.06m NOK. Reported fact