Org.nr 911 578 417 2015 → 2016 Year-over-year analysis

AGVIK AS: årsregnskap 2016 vs 2015

Grew 5180% on revenue, returned to profit

approved 2017-06-30; registry 2017-07-29; journal 2017 773854

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AGVIK AS. Revenue 71.6k NOK → 3.78m NOK (+5180.5%). Net result -202.1k NOK → +20.2k NOK. Equity 12.23m NOK → 10.25m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGVIK AS.

Scorecard

Revenue
71.6k NOK 3.78m NOK
+5180.5%
Net result
-202.1k NOK +20.2k NOK
+110.0%
Equity
12.23m NOK 10.25m NOK
-16.2%
Cash
691.3k NOK 405.4k NOK
-41.4%
Total assets
n/m 686.3k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 71.6k NOK to 3.78m NOK (+5180.5% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 202.1k NOK to a profit of 20.2k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.23m NOK → 10.25m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 691.3k NOK → 405.4k NOK (-41.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 441.7k NOK → 665.8k NOK (+50.7% YoY). Calculated