Org.nr 911 578 417 2016 → 2017 Year-over-year analysis

AGVIK AS: årsregnskap 2017 vs 2016

Shrank 35% on revenue

approved 2018-07-06; registry 2018-07-25; journal 2018 779172

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AGVIK AS. Revenue 3.78m NOK → 2.44m NOK (-35.5%). Equity 10.25m NOK → 295.5k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
3.78m NOK 2.44m NOK
-35.5%
Net result
+20.2k NOK n/m
—
Equity
10.25m NOK 295.5k NOK
-97.1%
Cash
405.4k NOK 259.5k NOK
-36.0%
Total assets
686.3k NOK 897.8k NOK
+30.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.78m NOK to 2.44m NOK (-35.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 10.25m NOK → 295.5k NOK (equity ratio 1492.9% → 32.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 405.4k NOK → 259.5k NOK (-36.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 665.8k NOK → 464.4k NOK (-30.3% YoY). Calculated