FirmaIQ
Org.nr 914 902 371 2017 → 2018 Year-over-year analysis

AGVA KRAFT AS: årsregnskap 2018 vs 2017

Grew 71% on revenue, slipped into loss

approved 2020-02-26; registry 2020-03-04; journal 2020 228552

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGVA KRAFT AS. Revenue 119.65m NOK → 205.10m NOK (+71.4%). Net result +2.28m NOK → -12.18m NOK. Equity -4.28m NOK → -16.47m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGVA KRAFT AS.

At a glance

Scorecard

Revenue
119.65m NOK 205.10m NOK
+71.4%
Net result
+2.28m NOK -12.18m NOK
-635.5%
Equity
-4.28m NOK -16.47m NOK
-284.5%
Cash
585.7k NOK 18.31m NOK
+3026.2%
Total assets
35.41m NOK 67.11m NOK
+89.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 119.65m NOK to 205.10m NOK (+71.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 585.7k NOK → 18.31m NOK (+3026.2% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 2.28m NOK profit to a loss of 12.18m NOK. Calculated

  • ↓

    Equity eroded

    Book equity -4.28m NOK → -16.47m NOK (equity ratio -12.1% → -24.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -24.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.22m NOK → 3.94m NOK (1% → 2% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 94.44m NOK → 187.66m NOK (+98.7% YoY). Calculated