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Org.nr 933 491 048 2017 → 2018 Year-over-year analysis

AGS BATTERISERVICE AS: årsregnskap 2018 vs 2017

Shrank 10% on revenue, stronger earnings

approved 2019-07-12; registry 2019-08-10; journal 2019 909818

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGS BATTERISERVICE AS. Revenue 6.48m NOK → 5.82m NOK (-10.1%). Net result +70.5k NOK → +188.0k NOK. Equity 1.42m NOK → 1.61m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.

At a glance

Scorecard

Revenue
6.48m NOK 5.82m NOK
-10.1%
Operating result
+100.7k NOK +283.5k NOK
+181.5%
Net result
+70.5k NOK +188.0k NOK
+166.6%
Equity
1.42m NOK 1.61m NOK
+13.3%
Cash
396.9k NOK 642.4k NOK
+61.8%
Total assets
2.67m NOK 2.55m NOK
-4.5%

What improved

  • ↑

    Operating result improved

    Operating result +100.7k NOK → +283.5k NOK (op. margin 1.6% → 4.9%). Calculated

  • ↑

    Net result improved

    Net result +70.5k NOK → +188.0k NOK (net margin 1.1% → 3.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.42m NOK → 1.61m NOK (equity ratio 53.1% → 63.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 396.9k NOK → 642.4k NOK (+61.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.95m NOK → 6 NOK (107% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.48m NOK to 5.82m NOK (-10.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.78m NOK → 3.75m NOK (-21.7% YoY). Calculated