AGP INVESTMENTS AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, weaker earnings
approved 2018-03-26; registry 2018-04-03; journal 2018 251404
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGP INVESTMENTS AS. Revenue 36.7k NOK → 0 NOK (-100.0%). Net result +75.0k NOK → +2 857 NOK. Equity -65.5k NOK → -68.3k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: operating result unchanged; thin equity buffer. All figures are taken from the published annual accounts for AGP INVESTMENTS AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 36.7k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result +75.0k NOK → +2 857 NOK. Calculated
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↓
Equity eroded
Book equity -65.5k NOK → -68.3k NOK (equity ratio -95.9% → -104.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 383.4k NOK → 11.40m NOK. Calculated
Things to notice
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·
Operating result unchanged
Operating result +6 475 NOK → +6 475 NOK. Calculated
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·
Thin equity buffer
Equity ratio is -104.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation