AGS EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 12% on revenue, returned to profit, cash halved-plus
approved 2019-05-04; registry 2019-05-25; journal 2019 352480
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGS EIENDOM AS. Revenue 1.31m NOK → 1.16m NOK (-11.6%). Net result -130.9k NOK → +27.4k NOK. Equity 1.28m NOK → 1.31m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -170.2k NOK → +4 048 NOK (op. margin -13.0% → 0.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 130.9k NOK to a profit of 27.4k NOK. Calculated
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↑
Equity strengthened
Book equity 1.28m NOK → 1.31m NOK (equity ratio 22.8% → 24.1%). Calculated
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↑
Payroll decreased
Salary cost 774.3k NOK → 449.9k NOK (59% → 39% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.31m NOK to 1.16m NOK (-11.6% YoY). Calculated
-
↓
Cash fell
Bank deposits 348.1k NOK → 117.6k NOK (-66.2% YoY). Calculated