Org.nr 995 726 491 2017 → 2018 Year-over-year analysis

AGNEFESTVEIEN 1 AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-01-23; registry 2019-02-14; journal 2019 209106

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGNEFESTVEIEN 1 AS. Revenue 551.6k NOK → 537.0k NOK (-2.6%). Equity -1.30m NOK → -1.38m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.

At a glance

Revenue

551.6k NOK 537.0k NOK

-2.6%

Operating result

+158.9k NOK +142.9k NOK

-10.0%

Equity

-1.30m NOK -1.38m NOK

-6.3%

Cash

224.7k NOK 855 NOK

-99.6%

Total assets

8.01m NOK 7.43m NOK

-7.2%

↓
Revenue fell

Operating income / revenue moved from 551.6k NOK to 537.0k NOK (-2.6% YoY). Calculated
↓
Operating result weakened

Operating result +158.9k NOK → +142.9k NOK (op. margin 28.8% → 26.6%). Calculated
↓
Equity eroded

Book equity -1.30m NOK → -1.38m NOK (equity ratio -16.2% → -18.5%). Calculated
↓
Cash fell

Bank deposits 224.7k NOK → 855 NOK (-99.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is -18.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation