AGO BYGG AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2019-06-30; registry 2019-07-29; journal 2019 813632
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGO BYGG AS. Revenue 681.0k NOK → 681 NOK (-99.9%). Net result +67.2k NOK → +243.2k NOK. Equity 1.13m NOK → 82.8k NOK.
On the constructive side: net result improved; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AGO BYGG AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +67.2k NOK → +243.2k NOK (net margin 9.9% → 35708.1%). Calculated
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Owners injected capital
Paid-in equity rose 60.0k NOK → 75.0k NOK (+15.0k NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 681.0k NOK to 681 NOK (-99.9% YoY). Calculated
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Operating result weakened
Operating result +87.5k NOK → -244.0k NOK (op. margin 12.9% → -35831.3%). Calculated
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↓
Equity eroded
Book equity 1.13m NOK → 82.8k NOK (equity ratio 31.6% → 98.9%). Calculated
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Cash fell
Bank deposits 2.79m NOK → 83.8k NOK (-97.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.79m NOK → 83.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation