AGON SOLUTIONS AS: årsregnskap 2018 vs 2017
Shrank 70% on revenue, cash halved-plus
approved 2019-05-31; registry 2019-06-03; journal 2019 473187
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGON SOLUTIONS AS. Revenue 24.4k NOK → 7 340 NOK (-70.0%). Net result +786 NOK → +4 704 NOK. Equity 56.7k NOK → 61.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +873 NOK → +4 643 NOK (op. margin 3.6% → 63.3%). Calculated
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↑
Net result improved
Net result +786 NOK → +4 704 NOK (net margin 3.2% → 64.1%). Calculated
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↑
Equity strengthened
Book equity 56.7k NOK → 61.4k NOK (equity ratio 35.8% → 100.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.4k NOK to 7 340 NOK (-70.0% YoY). Calculated
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↓
Cash fell
Bank deposits 158.6k NOK → 61.4k NOK (-61.3% YoY). Calculated