Org.nr 983 715 923 2017 → 2018 Year-over-year analysis

AGITO GROUP AS: årsregnskap 2018 vs 2017

A steady year on the published lines

approved 2019-05-20; registry 2019-06-13; journal 2019 416358

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AGITO GROUP AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +12.8k NOK → +17.6k NOK. Equity -133.3k NOK → -151.0k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+12.6k NOK +16.9k NOK
+33.8%
Net result
+12.8k NOK +17.6k NOK
+37.4%
Equity
-133.3k NOK -151.0k NOK
-13.2%
Cash
705 NOK 5 567 NOK
+689.6%
Total assets
62.3k NOK 213.6k NOK
+242.6%

What improved

  • ↑

    Operating result improved

    Operating result +12.6k NOK → +16.9k NOK. Calculated

  • ↑

    Net result improved

    Net result +12.8k NOK → +17.6k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 705 NOK → 5 567 NOK (+689.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -133.3k NOK → -151.0k NOK (equity ratio -213.9% → -70.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 25.58× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.6k NOK → 127.0k NOK. Reported fact