AGNES INVEST AS: årsregnskap 2017 vs 2016
Shrank 24% on revenue, weaker earnings
approved 2018-06-26; registry 2018-11-12; journal 2018 933214
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGNES INVEST AS. Revenue 7.70m NOK → 5.89m NOK (-23.5%). Net result +777.3k NOK → +57.2k NOK. Equity 1.36m NOK → 3.42m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNES INVEST AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +1.14m NOK → +1.35m NOK (op. margin 14.8% → 22.9%). Calculated
-
↑
Equity strengthened
Book equity 1.36m NOK → 3.42m NOK (equity ratio 48.5% → 35.2%). Calculated
-
↑
Cash rose
Bank deposits 611.5k NOK → 623.3k NOK (+1.9% YoY). Calculated
-
↑
Payroll decreased
Salary cost 5.35m NOK → 3.66m NOK (69% → 62% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.70m NOK to 5.89m NOK (-23.5% YoY). Calculated
-
↓
Net result weakened
Net result +777.3k NOK → +57.2k NOK (net margin 10.1% → 1.0%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 20.6k NOK → 7.51m NOK. Reported fact