Org.nr 911 578 417 2017 → 2018 Year-over-year analysis

AGVIK AS: årsregnskap 2018 vs 2017

Grew 118% on revenue

approved 2019-05-20; registry 2019-06-08; journal 2019 394438

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AGVIK AS. Revenue 2.44m NOK → 5.31m NOK (+117.9%). Equity 295.5k NOK → 134.2k NOK.

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

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

Scorecard

Revenue
2.44m NOK 5.31m NOK
+117.9%
Equity
295.5k NOK 134.2k NOK
-54.6%
Cash
259.5k NOK 750.5k NOK
+189.2%
Total assets
897.8k NOK 921.7k NOK
+2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.44m NOK to 5.31m NOK (+117.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 259.5k NOK → 750.5k NOK (+189.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 295.5k NOK → 134.2k NOK (equity ratio 32.9% → 14.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 464.4k NOK → 455.6k NOK (-1.9% YoY). Calculated