AGITO NORGE AS: årsregnskap 2017 vs 2016
Grew 11% on revenue, stronger earnings
approved 2018-06-26; registry 2018-07-25; journal 2018 774716
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGITO NORGE AS. Revenue 14.91m NOK → 16.48m NOK (+10.6%). Net result -1.04m NOK → -782.0k NOK. Equity 9.36m NOK → 8.58m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for AGITO NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 14.91m NOK to 16.48m NOK (+10.6% YoY). Calculated
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Operating result improved
Operating result -1.16m NOK → -694.4k NOK (op. margin -7.8% → -4.2%). Calculated
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Net result improved
Net result -1.04m NOK → -782.0k NOK (net margin -7.0% → -4.7%). Calculated
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Cash rose
Bank deposits 3.24m NOK → 5.98m NOK (+84.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 9.36m NOK → 8.58m NOK (equity ratio 47.0% → 42.9%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 9.36m NOK → 8.58m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 14.05m NOK → 15.73m NOK (94% → 95% of revenue). Calculated
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COGS fell
COGS / varekostnad 828.1k NOK → 359.5k NOK (-56.6% YoY). Calculated