AGS HOLDING AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, weaker earnings
approved 2019-04-06; registry 2019-06-20; journal 2019 481757
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGS HOLDING AS. Revenue 75.0k NOK → 0 NOK (-100.0%). Net result +14.04m NOK → +4.04m NOK. Equity 30.93m NOK → 32.05m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 30.93m NOK → 32.05m NOK (equity ratio 70.7% → 75.4%). Calculated
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↑
Cash rose
Bank deposits 136.9k NOK → 484.1k NOK (+253.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 75.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -558.4k NOK → -4.19m NOK. Calculated
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↓
Net result weakened
Net result +14.04m NOK → +4.04m NOK. Calculated
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↓
Payroll up without matching revenue
Salary cost 1 511 NOK → 457.0k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10.25m NOK → 10.39m NOK. Reported fact