AGRA AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, stronger earnings
approved 2018-03-21; registry 2018-08-04; journal 2018 871765
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGRA AS. Revenue 3.55bn NOK → 353.9k NOK (-100.0%). Net result +256.7k NOK → +469.6k NOK. Equity 1.43m NOK → 2.23bn NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRA AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +256.7k NOK → +469.6k NOK (net margin 0.0% → 132.7%). Calculated
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↑
Equity strengthened
Book equity 1.43m NOK → 2.23bn NOK (equity ratio 0.1% → 64.9%). Calculated
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↑
Payroll decreased
Salary cost 718.99m NOK → 12.76m NOK (20% → 3605% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.55bn NOK to 353.9k NOK (-100.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 9.46× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.44bn NOK → 488.0k NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 781 NOK → 781.0k NOK. Reported fact