AGUA IMARA AS: årsregnskap 2018 vs 2017
Shrank 12% on revenue
approved 2019-03-27; registry 2019-05-21; journal 2019 344842
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGUA IMARA AS. Revenue 252.0k NOK → 223.0k NOK (-11.5%). Equity 126.36m NOK → 126.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGUA IMARA AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.07m NOK → 0 NOK (423% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 252.0k NOK to 223.0k NOK (-11.5% YoY). Calculated
-
↓
Equity eroded
Book equity 126.36m NOK → 126.5k NOK (equity ratio 99.4% → 0.1%). Calculated
-
↓
Cash fell
Bank deposits 5.37m NOK → 4.86m NOK (-9.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 120.3k NOK → 120.33m NOK. Reported fact