AGITO NORGE AS: årsregnskap 2016 vs 2015
Shrank 16% on revenue, weaker earnings
approved 2017-06-26; registry 2017-07-20; journal 2017 737618
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGITO NORGE AS. Revenue 17.83m NOK → 14.91m NOK (-16.4%). Net result -106.3k NOK → -1.04m NOK. Equity 10.41m NOK → 9.36m NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGITO NORGE AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 17.83m NOK to 14.91m NOK (-16.4% YoY). Calculated
-
↓
Net result weakened
Net result -106.3k NOK → -1.04m NOK (net margin -0.6% → -7.0%). Calculated
-
↓
Equity eroded
Book equity 10.41m NOK → 9.36m NOK (equity ratio 42.6% → 47.0%). Calculated
-
↓
Cash fell
Bank deposits 3.71m NOK → 3.24m NOK (-12.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 12.99m NOK → 14.05m NOK (73% → 94% of revenue). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 10.41m NOK → 9.36m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 252.1k NOK → 48.3k NOK. Reported fact