AGRIC AS: årsregnskap 2019 vs 2018
Weaker earnings, fresh owner capital
approved 2020-09-15; registry 2020-09-22; journal 2020 845354
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRIC AS. Net result -55.2k NOK → -716.2k NOK. Equity -25.2k NOK → -601.8k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AGRIC AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2 751 NOK → 76.1k NOK (+2667.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 114.4k NOK (+84.4k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -55.2k NOK → -716.2k NOK. Calculated
-
↓
Equity eroded
Book equity -25.2k NOK → -601.8k NOK (equity ratio -83.9% → -743.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -743.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 25.9k NOK → 2.62m NOK. Calculated