AGW HOLDING AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-06-25; registry 2018-06-30; journal 2018 589996
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGW HOLDING AS. Net result -7 793 NOK → +18.2k NOK. Equity 24.1k NOK → 5 969 NOK.
On the constructive side: turned profitable; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGW HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 7 793 NOK to a profit of 18.2k NOK. Calculated
-
↑
Cash rose
Bank deposits 762 NOK → 594.8k NOK (+77952.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -7 797 NOK → -18.0k NOK. Calculated
-
↓
Equity eroded
Book equity 24.1k NOK → 5 969 NOK (equity ratio 43.3% → 1.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 55.0k NOK → 305.0k NOK. Reported fact