Org.nr 992 579 838 2016 → 2017 Year-over-year analysis

AGK INVEST AS: årsregnskap 2017 vs 2016

Shrank 96% on revenue, cash halved-plus

approved 2018-08-30; registry 2018-09-05; journal 2018 922036

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGK INVEST AS. Revenue 6.03m NOK → 218.4k NOK (-96.4%).

Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AGK INVEST AS.

At a glance

Revenue

6.03m NOK 218.4k NOK

-96.4%

Operating result

n/m -265.7k NOK

—

Equity

n/m 3.28m NOK

—

Cash

1.56m NOK 350.8k NOK

-77.5%

Total assets

6.33m NOK 5.78m NOK

-8.6%

↓
Revenue fell

Operating income / revenue moved from 6.03m NOK to 218.4k NOK (-96.4% YoY). Calculated
↓
Cash fell

Bank deposits 1.56m NOK → 350.8k NOK (-77.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.56m NOK → 350.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 1.42m NOK → 2.16m NOK. Reported fact