AGITO NORGE AS: årsregnskap 2018 vs 2017
Shrank 30% on revenue
approved 2019-06-30; registry 2019-08-06; journal 2019 843098
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGITO NORGE AS. Revenue 16.48m NOK → 11.51m NOK (-30.2%). Net result -782.0k NOK → -889.2k NOK. Equity 8.58m NOK → 7.69m NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; 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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↑
Operating result improved
Operating result -694.4k NOK → +172.9k NOK (op. margin -4.2% → 1.5%). Calculated
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↑
Cash rose
Bank deposits 5.98m NOK → 8.65m NOK (+44.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 15.73m NOK → 10.64m NOK (95% → 92% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 16.48m NOK to 11.51m NOK (-30.2% YoY). Calculated
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↓
Net result weakened
Net result -782.0k NOK → -889.2k NOK (net margin -4.7% → -7.7%). Calculated
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↓
Equity eroded
Book equity 8.58m NOK → 7.69m NOK (equity ratio 42.9% → 71.4%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 8.58m NOK → 7.69m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 359.5k NOK → 150.4k NOK (-58.2% YoY). Calculated