AGNEFESTVEIEN 1 AS: årsregnskap 2017 vs 2016
Grew 6% on revenue
approved 2018-02-09; registry 2018-04-16; journal 2018 264256
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGNEFESTVEIEN 1 AS. Revenue 520.5k NOK → 551.6k NOK (+6.0%). Equity -1.22m NOK → -1.30m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 520.5k NOK to 551.6k NOK (+6.0% YoY). Calculated
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↑
Operating result improved
Operating result +81.1k NOK → +158.9k NOK (op. margin 15.6% → 28.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -1.22m NOK → -1.30m NOK (equity ratio -14.6% → -16.2%). Calculated
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↓
Cash fell
Bank deposits 259.3k NOK → 224.7k NOK (-13.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -16.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation