Org.nr 995 626 888 2017 → 2018 Year-over-year analysis

AGNES INVEST AS: årsregnskap 2018 vs 2017

Shrank 5% on revenue, cash halved-plus

approved 2019-06-27; registry 2019-07-20; journal 2019 748727

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGNES INVEST AS. Revenue 5.89m NOK → 5.57m NOK (-5.4%). Equity 3.42m NOK → 4.85m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGNES INVEST AS.

At a glance

Revenue

5.89m NOK 5.57m NOK

-5.4%

Operating result

+1.35m NOK +946.7k NOK

-29.9%

Net result

+57.2k NOK n/m

—

Equity

3.42m NOK 4.85m NOK

+41.8%

Cash

623.3k NOK 1 185 NOK

-99.8%

Total assets

9.72m NOK 9.84m NOK

+1.2%

↑
Equity strengthened

Book equity 3.42m NOK → 4.85m NOK (equity ratio 35.2% → 49.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.89m NOK to 5.57m NOK (-5.4% YoY). Calculated
↓
Operating result weakened

Operating result +1.35m NOK → +946.7k NOK (op. margin 22.9% → 17.0%). Calculated
↓
Cash fell

Bank deposits 623.3k NOK → 1 185 NOK (-99.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.66m NOK → 3.78m NOK (62% → 68% of revenue). Calculated