AGRIKJØP AS: årsregnskap 2018 vs 2017
Shrank 11% on revenue
approved 2019-06-11; registry 2019-07-02; journal 2019 573189
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRIKJØP AS. Revenue 24.33m NOK → 21.69m NOK (-10.8%). Net result +7.40m NOK → +6.10m NOK. Equity 10.22m NOK → 8.80m NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
24.33m NOK
21.69m NOK
-10.8%
Net result
+7.40m NOK
+6.10m NOK
-17.6%
Equity
10.22m NOK
8.80m NOK
-14.0%
Cash
19.17m NOK
15.42m NOK
-19.5%
Total assets
25.63m NOK
22.74m NOK
-11.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 24.33m NOK to 21.69m NOK (-10.8% YoY). Calculated
-
↓
Net result weakened
Net result +7.40m NOK → +6.10m NOK (net margin 30.4% → 28.1%). Calculated
-
↓
Equity eroded
Book equity 10.22m NOK → 8.80m NOK (equity ratio 39.9% → 38.7%). Calculated
-
↓
Cash fell
Bank deposits 19.17m NOK → 15.42m NOK (-19.5% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 8.54m NOK → 8.81m NOK (35% → 41% of revenue). Calculated