FirmaIQ
Org.nr 991 449 191 2017 → 2018 Year-over-year analysis

AGLEN & SLYNGSTADLI AS: årsregnskap 2018 vs 2017

Shrank 21% on revenue, cash halved-plus

approved 2019-06-20; registry 2019-07-13; journal 2019 696690

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGLEN & SLYNGSTADLI AS. Revenue 12.56m NOK → 9.91m NOK (-21.1%). Equity 351.8k NOK → -452.2k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGLEN & SLYNGSTADLI AS.

At a glance

Scorecard

Revenue
12.56m NOK 9.91m NOK
-21.1%
Equity
351.8k NOK -452.2k NOK
-228.5%
Cash
1.64m NOK 748.8k NOK
-54.3%
Total assets
3.63m NOK 2.03m NOK
-44.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.56m NOK to 9.91m NOK (-21.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 351.8k NOK → -452.2k NOK (equity ratio 9.7% → -22.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.64m NOK → 748.8k NOK (-54.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -22.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.54m NOK → 4.12m NOK (-9.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 94.5k NOK → 900 NOK. Reported fact