FirmaIQ
Org.nr 912 899 969 2017 → 2018 Year-over-year analysis

AGT HOLDING RØRVIK AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-06-30; registry 2019-07-15; journal 2019 716529

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGT HOLDING RØRVIK AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +21.5k NOK → +10.4k NOK. Equity -11.6k NOK → -22.0k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGT HOLDING RØRVIK AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+21.5k NOK +10.4k NOK
-51.5%
Net result
+21.5k NOK +10.4k NOK
-51.4%
Equity
-11.6k NOK -22.0k NOK
-90.1%
Cash
15.9k NOK 5 519 NOK
-65.4%
Total assets
1.40m NOK 1.39m NOK
-0.7%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +21.5k NOK → +10.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result +21.5k NOK → +10.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -11.6k NOK → -22.0k NOK (equity ratio -0.8% → -1.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.9k NOK → 5 519 NOK (-65.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation