AGR CONSULTANCY SERVICES AS: årsregnskap 2018 vs 2017
Grew 17% on revenue, cash halved-plus
approved 2019-06-26; registry 2019-07-22; journal 2019 752305
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGR CONSULTANCY SERVICES AS. Revenue 12.88m NOK → 15.11m NOK (+17.4%). Equity 4.93m NOK → 4.94m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for AGR CONSULTANCY SERVICES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.88m NOK to 15.11m NOK (+17.4% YoY). Calculated
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↑
Equity strengthened
Book equity 4.93m NOK → 4.94m NOK (equity ratio 54.0% → 58.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 9.05m NOK → 6 NOK (-100.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.05m NOK → 6 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 1.68m NOK → 2.51m NOK (+49.2% YoY). Calculated