AGWI RENHOLD AS: årsregnskap 2018 vs 2017
Shrank 84% on revenue
approved 2019-03-14; registry 2019-07-13; journal 2019 704640
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGWI RENHOLD AS. Revenue 641.4k NOK → 102.8k NOK (-84.0%). Equity 18.7k NOK → -9 849 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGWI RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 156.9k NOK → 223.7k NOK (+42.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 641.4k NOK to 102.8k NOK (-84.0% YoY). Calculated
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↓
Equity eroded
Book equity 18.7k NOK → -9 849 NOK (equity ratio 4.7% → -2.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 596 NOK → 1.85m NOK (0% → 1803% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation