Org.nr 912 240 207 2017 → 2018 Year-over-year analysis

AGNAR HAGEN AS: årsregnskap 2018 vs 2017

A steady year on the published lines

approved 2019-05-20; registry 2019-07-04; journal 2019 603846

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGNAR HAGEN AS. Revenue 25.42m NOK → 24.74m NOK (-2.7%). Equity 2.61m NOK → 2.43m NOK.

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

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

At a glance

Revenue

25.42m NOK 24.74m NOK

-2.7%

Operating result

n/m +870.4k NOK

—

Net result

n/m +20.3k NOK

—

Equity

2.61m NOK 2.43m NOK

-6.9%

Cash

340.1k NOK 209.7k NOK

-38.3%

Total assets

18.00m NOK 17.80m NOK

-1.1%

↑
Payroll decreased

Salary cost 6.28m NOK → 5.95m NOK (25% → 24% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 25.42m NOK to 24.74m NOK (-2.7% YoY). Calculated
↓
Equity eroded

Book equity 2.61m NOK → 2.43m NOK (equity ratio 14.5% → 13.7%). Calculated
↓
Cash fell

Bank deposits 340.1k NOK → 209.7k NOK (-38.3% YoY). Calculated