AGK INVEST AS: årsregnskap 2018 vs 2017
Shrank 98% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-08-08; journal 2019 912506
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGK INVEST AS. Revenue 218.4k NOK → 3 925 NOK (-98.2%). Equity 3.28m NOK → 2.07m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
218.4k NOK
3 925 NOK
-98.2%
Operating result
-265.7k NOK
-1.21m NOK
-354.2%
Equity
3.28m NOK
2.07m NOK
-36.8%
Cash
350.8k NOK
36.4k NOK
-89.6%
Total assets
5.78m NOK
2.38m NOK
-58.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 218.4k NOK to 3 925 NOK (-98.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -265.7k NOK → -1.21m NOK (op. margin -121.7% → -30750.6%). Calculated
-
↓
Equity eroded
Book equity 3.28m NOK → 2.07m NOK (equity ratio 56.7% → 86.9%). Calculated
-
↓
Cash fell
Bank deposits 350.8k NOK → 36.4k NOK (-89.6% YoY). Calculated