AGRAF AS: årsregnskap 2017 vs 2016
Grew 1327% on revenue, stronger earnings, cash halved-plus
approved 2018-06-26; registry 2018-07-14; journal 2018 683944
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGRAF AS. Revenue 753.5k NOK → 10.75m NOK (+1327.0%). Net result +79.9k NOK → +1.20m NOK. Equity 2.80m NOK → 3.90m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGRAF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 753.5k NOK to 10.75m NOK (+1327.0% YoY). Calculated
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↑
Net result improved
Net result +79.9k NOK → +1.20m NOK (net margin 10.6% → 11.1%). Calculated
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↑
Equity strengthened
Book equity 2.80m NOK → 3.90m NOK (equity ratio 72.7% → 77.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 606.0k NOK → 80.7k NOK (-86.7% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 296.7k NOK → 876.5k NOK (+195.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7.63m NOK → 105.0k NOK. Reported fact