FirmaIQ
Org.nr 887 078 262 2017 → 2018 Year-over-year analysis

AGITO AS: årsregnskap 2018 vs 2017

Shrank 89% on revenue, weaker earnings

approved 2019-04-24; registry 2019-05-11; journal 2019 323243

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGITO AS. Revenue 4.63m NOK → 500.5k NOK (-89.2%). Net result +525.7k NOK → +361.0k NOK. Equity 162.8k NOK → 499.6k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGITO AS.

At a glance

Scorecard

Revenue
4.63m NOK 500.5k NOK
-89.2%
Operating result
+679.3k NOK +81.2k NOK
-88.1%
Net result
+525.7k NOK +361.0k NOK
-31.3%
Equity
162.8k NOK 499.6k NOK
+206.8%
Cash
120.2k NOK 660.9k NOK
+449.7%
Total assets
3.32m NOK 4.63m NOK
+39.5%

What improved

  • ↑

    Equity strengthened

    Book equity 162.8k NOK → 499.6k NOK (equity ratio 4.9% → 10.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 120.2k NOK → 660.9k NOK (+449.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.63m NOK to 500.5k NOK (-89.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +679.3k NOK → +81.2k NOK (op. margin 14.7% → 16.2%). Calculated

  • ↓

    Net result weakened

    Net result +525.7k NOK → +361.0k NOK (net margin 11.3% → 72.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 602.8k NOK → 2.80m NOK (+364.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.06m NOK → 599.0k NOK. Reported fact