AGORA AS: årsregnskap 2018 vs 2017
Weaker earnings, cash halved-plus
approved 2019-05-30; registry 2019-06-29; journal 2019 552265
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGORA AS. Revenue 14.55m NOK → 14.01m NOK (-3.7%). Net result +902.9k NOK → +363.9k NOK. Equity 2.04m NOK → 2.11m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGORA AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.04m NOK → 2.11m NOK (equity ratio 37.6% → 42.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.55m NOK to 14.01m NOK (-3.7% YoY). Calculated
-
↓
Net result weakened
Net result +902.9k NOK → +363.9k NOK (net margin 6.2% → 2.6%). Calculated
-
↓
Cash fell
Bank deposits 3.15m NOK → 1.28m NOK (-59.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.46m NOK → 4.23m NOK (-5.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 151.4k NOK → 135.5k NOK. Reported fact