AGS BYGG AS: årsregnskap 2016 vs 2015
Grew 25% on revenue, cash halved-plus
approved 2017-04-06; registry 2017-04-19; journal 2017 277985
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGS BYGG AS. Revenue 13.17m NOK → 16.43m NOK (+24.7%). Equity 676.1k NOK → 563.1k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AGS BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.17m NOK to 16.43m NOK (+24.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 676.1k NOK → 563.1k NOK (equity ratio 14.9% → 8.2%). Calculated
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↓
Cash fell
Bank deposits 6.90m NOK → 2.10m NOK (-69.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.90m NOK → 2.10m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 6.27m NOK → 7.45m NOK (48% → 45% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.76m NOK → 5.18m NOK (+8.8% YoY). Calculated