AGS AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-03-26; registry 2020-05-12; journal 2020 349364
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGS AS. Revenue 784.0k NOK → 811.8k NOK (+3.5%). Net result -31.8k NOK → +2 731 NOK. Equity -837 NOK → 1 894 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 784.0k NOK to 811.8k NOK (+3.5% YoY). Calculated
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↑
Operating result improved
Operating result -31.1k NOK → +2 630 NOK (op. margin -4.0% → 0.3%). Calculated
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Turned profitable
Net result flipped from a loss of 31.8k NOK to a profit of 2 731 NOK. Calculated
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Equity strengthened
Book equity -837 NOK → 1 894 NOK (equity ratio -0.6% → 1.2%). Calculated
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↑
Cash rose
Bank deposits 85.1k NOK → 97.5k NOK (+14.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 600.2k NOK → 631.5k NOK (77% → 78% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 56.5k NOK → 40.2k NOK (-28.8% YoY). Calculated