AGRI EIENDOM STAVANGER AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-06-19; registry 2020-09-03; journal 2020 731392
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRI EIENDOM STAVANGER AS. Revenue 1.49m NOK → 1.47m NOK (-1.5%). Net result +4 NOK → +1.72m NOK. Equity -4.85m NOK → -6.57m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGRI EIENDOM STAVANGER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +37 NOK → +1 470 NOK (op. margin 0.0% → 0.1%). Calculated
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↑
Net result improved
Net result +4 NOK → +1.72m NOK (net margin 0.0% → 117.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.49m NOK to 1.47m NOK (-1.5% YoY). Calculated
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↓
Equity eroded
Book equity -4.85m NOK → -6.57m NOK (equity ratio -33.7% → -46.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.86× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -46.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 523.9k NOK → 517 NOK (-99.9% YoY). Calculated