Org.nr 913 475 402 2017 → 2018 Year-over-year analysis

Agnar Knutsen & Co AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-05-09; registry 2019-05-27; journal 2019 357502

Full company analysis · All year comparisons

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.

Scorecard

Revenue
1.87m NOK 1.88m NOK
+0.4%
Operating result
n/m +1.08m NOK
—
Equity
4.38m NOK 4.91m NOK
+12.0%
Cash
2.06m NOK 635.0k NOK
-69.1%
Total assets
20.02m NOK 18.23m NOK
-9.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.87m NOK to 1.88m NOK (+0.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.38m NOK → 4.91m NOK (equity ratio 21.9% → 26.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.06m NOK → 635.0k NOK (-69.1% YoY). Calculated

Things to notice

  • ·

    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