AGS AS: årsregnskap 2016 vs 2015
Shrank 7% on revenue, slipped into loss
approved 2017-03-31; registry 2017-04-29; journal 2017 299547
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGS AS. Revenue 943.9k NOK → 880.5k NOK (-6.7%). Net result +38.2k NOK → -5 868 NOK. Equity 28.0k NOK → 22.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 62.8k NOK → 73.2k NOK (+16.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 943.9k NOK to 880.5k NOK (-6.7% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 38.2k NOK profit to a loss of 5 868 NOK. Calculated
-
↓
Equity eroded
Book equity 28.0k NOK → 22.2k NOK (equity ratio 12.7% → 12.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 157.9k NOK → 127.6k NOK (-19.2% YoY). Calculated