Org.nr 996 738 574 2017 → 2018 Year-over-year analysis

AGR SOFTWARE AS: årsregnskap 2018 vs 2017

Grew 37% on revenue

approved 2019-06-26; registry 2019-07-22; journal 2019 752007

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGR SOFTWARE AS. Revenue 9.77m NOK → 13.36m NOK (+36.7%). Equity 15.59m NOK → 16.08m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGR SOFTWARE AS.

At a glance

Revenue

9.77m NOK 13.36m NOK

+36.7%

Operating result

-1.80m NOK +511.8k NOK

+128.4%

Equity

15.59m NOK 16.08m NOK

+3.2%

Cash

4.28m NOK 6.39m NOK

+49.2%

Total assets

31.96m NOK 32.56m NOK

+1.9%

↑
Revenue rose

Operating income / revenue moved from 9.77m NOK to 13.36m NOK (+36.7% YoY). Calculated
↑
Operating result improved

Operating result -1.80m NOK → +511.8k NOK (op. margin -18.4% → 3.8%). Calculated
↑
Equity strengthened

Book equity 15.59m NOK → 16.08m NOK (equity ratio 48.8% → 49.4%). Calculated
↑
Cash rose

Bank deposits 4.28m NOK → 6.39m NOK (+49.2% YoY). Calculated

·
COGS moved

COGS / varekostnad 160.3k NOK → 773.0k NOK (+382.2% YoY). Calculated