Agnar Knutsen & Co AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-05-09; registry 2019-05-27; journal 2019 357502
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for Agnar Knutsen & Co AS. Revenue 1.87m NOK → 1.88m NOK (+0.4%). Equity 4.38m NOK → 4.91m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for Agnar Knutsen & Co AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.87m NOK to 1.88m NOK (+0.4% YoY). Calculated
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↑
Equity strengthened
Book equity 4.38m NOK → 4.91m NOK (equity ratio 21.9% → 26.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.06m NOK → 635.0k NOK (-69.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.06m NOK → 635.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation