AGRI EIENDOM STAVANGER AS: årsregnskap 2018 vs 2017
Shrank 7% on revenue
approved 2019-02-06; registry 2019-07-25; journal 2019 791808
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRI EIENDOM STAVANGER AS. Revenue 1.61m NOK → 1.49m NOK (-7.3%). Equity -2.87m NOK → -4.85m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRI EIENDOM STAVANGER AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.56× → 1.86×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.61m NOK to 1.49m NOK (-7.3% YoY). Calculated
-
↓
Equity eroded
Book equity -2.87m NOK → -4.85m NOK (equity ratio -19.6% → -33.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -33.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 980.9k NOK → 523.9k NOK (-46.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 136.0k NOK → 68.0k NOK. Reported fact