FirmaIQ
Org.nr 952 169 483 2017 → 2018 Year-over-year analysis

AGS IT-PARTNER AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-05-04; registry 2019-05-25; journal 2019 352522

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGS IT-PARTNER AS. Revenue 39.68m NOK → 40.66m NOK (+2.5%). Net result +528.5k NOK → +817.0k NOK. Equity 8.87m NOK → 10.05m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.

At a glance

Scorecard

Revenue
39.68m NOK 40.66m NOK
+2.5%
Operating result
+175.8k NOK +468.3k NOK
+166.4%
Net result
+528.5k NOK +817.0k NOK
+54.6%
Equity
8.87m NOK 10.05m NOK
+13.3%
Cash
3.14m NOK 2.50m NOK
-20.6%
Total assets
16.42m NOK 17.46m NOK
+6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 39.68m NOK to 40.66m NOK (+2.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +175.8k NOK → +468.3k NOK (op. margin 0.4% → 1.2%). Calculated

  • ↑

    Net result improved

    Net result +528.5k NOK → +817.0k NOK (net margin 1.3% → 2.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.87m NOK → 10.05m NOK (equity ratio 54.1% → 57.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.35m NOK → 3.72m NOK (+363.2k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.14m NOK → 2.50m NOK (-20.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.42m NOK → 12.68m NOK (29% → 31% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 24.33m NOK → 23.76m NOK (-2.4% YoY). Calculated