FirmaIQ
Org.nr 879 843 952 2016 → 2017 Year-over-year analysis

AGNAR AS: årsregnskap 2017 vs 2016

Shrank 12% on revenue, weaker earnings

approved 2018-07-14; registry 2018-08-01; journal 2018 831095

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGNAR AS. Revenue 3.29m NOK → 2.88m NOK (-12.4%). Net result +1.59m NOK → +936.3k NOK. Equity 7.08m NOK → 7.22m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNAR AS.

At a glance

Scorecard

Revenue
3.29m NOK 2.88m NOK
-12.4%
Operating result
+693.0k NOK n/m
—
Net result
+1.59m NOK +936.3k NOK
-41.3%
Equity
7.08m NOK 7.22m NOK
+1.9%
Cash
1.27m NOK 1.15m NOK
-9.3%
Total assets
8.72m NOK 9.93m NOK
+13.9%

What improved

  • ↑

    Equity strengthened

    Book equity 7.08m NOK → 7.22m NOK (equity ratio 81.2% → 72.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.29m NOK to 2.88m NOK (-12.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.59m NOK → +936.3k NOK (net margin 48.5% → 32.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.27m NOK → 1.15m NOK (-9.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.17m NOK → 1.27m NOK (36% → 44% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.55m NOK → 6.47m NOK. Reported fact