AGS AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-05-18; registry 2018-05-29; journal 2018 367836
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGS AS. Revenue 880.5k NOK → 836.9k NOK (-5.0%). Net result -5 868 NOK → +8 797 NOK. Equity 22.2k NOK → 31.0k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
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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↑
Turned profitable
Net result flipped from a loss of 5 868 NOK to a profit of 8 797 NOK. Calculated
-
↑
Equity strengthened
Book equity 22.2k NOK → 31.0k NOK (equity ratio 12.3% → 16.2%). Calculated
-
↑
Cash rose
Bank deposits 73.2k NOK → 91.9k NOK (+25.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 880.5k NOK to 836.9k NOK (-5.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 540.4k NOK → 5.60m NOK (61% → 669% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 127.6k NOK → 52.5k NOK (-58.9% YoY). Calculated