Org.nr 912 240 207 2016 → 2017 Year-over-year analysis

AGNAR HAGEN AS: årsregnskap 2017 vs 2016

Shrank 10% on revenue

approved 2018-04-20; registry 2018-06-21; journal 2018 525958

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGNAR HAGEN AS. Revenue 28.31m NOK → 25.42m NOK (-10.2%). Equity 2.37m NOK → 2.61m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGNAR HAGEN AS.

At a glance

Revenue

28.31m NOK 25.42m NOK

-10.2%

Equity

2.37m NOK 2.61m NOK

+10.5%

Cash

354.9k NOK 340.1k NOK

-4.2%

Total assets

17.91m NOK 18.00m NOK

+0.5%

↑
Equity strengthened

Book equity 2.37m NOK → 2.61m NOK (equity ratio 13.2% → 14.5%). Calculated
↑
Payroll decreased

Salary cost 6.67m NOK → 6.28m NOK (24% → 25% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 28.31m NOK to 25.42m NOK (-10.2% YoY). Calculated
↓
Cash fell

Bank deposits 354.9k NOK → 340.1k NOK (-4.2% YoY). Calculated

·
COGS fell

COGS / varekostnad 15.45m NOK → 13.11m NOK (-15.1% YoY). Calculated