Org.nr 917 454 809 2017 → 2018 Year-over-year analysis

AGTUNNEL AS: årsregnskap 2018 vs 2017

Grew 59% on revenue

approved 2019-03-15; registry 2019-03-21; journal 2019 246056

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AGTUNNEL AS. Revenue 51.33m NOK → 81.59m NOK (+59.0%). Equity 807.0k NOK → 203.3k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGTUNNEL AS.

Scorecard

Revenue
51.33m NOK 81.59m NOK
+59.0%
Operating result
n/m +908.4k NOK
—
Net result
n/m +396.3k NOK
—
Equity
807.0k NOK 203.3k NOK
-74.8%
Cash
919.0k NOK 700.1k NOK
-23.8%
Total assets
16.75m NOK 23.40m NOK
+39.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 51.33m NOK to 81.59m NOK (+59.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 807.0k NOK → 203.3k NOK (equity ratio 4.8% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 919.0k NOK → 700.1k NOK (-23.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 18.73m NOK → 22.71m NOK (+21.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 561.0k NOK → 1.06m NOK. Reported fact