AGNAR AS: årsregnskap 2018 vs 2017
Grew 32% on revenue, weaker earnings
approved 2019-06-26; registry 2019-07-04; journal 2019 602270
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGNAR AS. Revenue 2.88m NOK → 3.79m NOK (+31.6%). Net result +936.3k NOK → +645.2k NOK. Equity 7.22m NOK → 8.37m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AGNAR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.88m NOK to 3.79m NOK (+31.6% YoY). Calculated
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↑
Equity strengthened
Book equity 7.22m NOK → 8.37m NOK (equity ratio 72.7% → 81.9%). Calculated
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↑
Cash rose
Bank deposits 1.15m NOK → 8.77m NOK (+661.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +936.3k NOK → +645.2k NOK (net margin 32.5% → 17.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.27m NOK → 2.27m NOK (44% → 60% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 6.47m NOK → 6.33m NOK. Reported fact