FirmaIQ
Org.nr 987 549 432 2017 → 2018 Year-over-year analysis

AGNES UTVIKLING AS: årsregnskap 2018 vs 2017

Grew 54% on revenue, stronger earnings, cash halved-plus

approved 2019-06-28; registry 2019-08-08; journal 2019 892034

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGNES UTVIKLING AS. Revenue 9.67m NOK → 14.87m NOK (+53.7%). Net result +276.7k NOK → +997.9k NOK. Equity 42.11m NOK → 45.11m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNES UTVIKLING AS.

At a glance

Scorecard

Revenue
9.67m NOK 14.87m NOK
+53.7%
Net result
+276.7k NOK +997.9k NOK
+260.6%
Equity
42.11m NOK 45.11m NOK
+7.1%
Cash
648.4k NOK 5 579 NOK
-99.1%
Total assets
210.41m NOK 203.58m NOK
-3.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.67m NOK to 14.87m NOK (+53.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +276.7k NOK → +997.9k NOK (net margin 2.9% → 6.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 42.11m NOK → 45.11m NOK (equity ratio 20.0% → 22.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.54m NOK → 1.36m NOK (16% → 9% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 648.4k NOK → 5 579 NOK (-99.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8 844 NOK → 2.85m NOK. Reported fact