AGNES EIENDOMSDRIFT AS: årsregnskap 2018 vs 2017
Grew 14% on revenue, slipped into loss, cash halved-plus
approved 2019-05-16; registry 2019-06-13; journal 2019 422266
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGNES EIENDOMSDRIFT AS. Revenue 1.69m NOK → 1.93m NOK (+14.4%). Net result +85.8k NOK → -3 129 NOK. Equity 47.0k NOK → 30.0k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGNES EIENDOMSDRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.69m NOK to 1.93m NOK (+14.4% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 85.8k NOK profit to a loss of 3 129 NOK. Calculated
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↓
Equity eroded
Book equity 47.0k NOK → 30.0k NOK (equity ratio 7.9% → 4.0%). Calculated
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↓
Cash fell
Bank deposits 339.4k NOK → 51.5k NOK (-84.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1.46m NOK → 1.74m NOK (+18.9% YoY). Calculated