FirmaIQ
Org.nr 994 056 557 2017 → 2018 Year-over-year analysis

AGRIMEX AS: årsregnskap 2018 vs 2017

Grew 18% on revenue

approved 2019-05-13; registry 2019-06-24; journal 2019 513080

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGRIMEX AS. Revenue 1.33m NOK → 1.57m NOK (+18.0%). Net result +58.1k NOK → +60.8k NOK. Equity 609.7k NOK → 670.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRIMEX AS.

At a glance

Scorecard

Revenue
1.33m NOK 1.57m NOK
+18.0%
Operating result
+90.3k NOK +88.9k NOK
-1.6%
Net result
+58.1k NOK +60.8k NOK
+4.6%
Equity
609.7k NOK 670.5k NOK
+10.0%
Cash
29.3k NOK 64.8k NOK
+121.4%
Total assets
936.4k NOK 202.3k NOK
-78.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.33m NOK to 1.57m NOK (+18.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 609.7k NOK → 670.5k NOK (equity ratio 65.1% → 331.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 29.3k NOK → 64.8k NOK (+121.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +90.3k NOK → +88.9k NOK (op. margin 6.8% → 5.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.72× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 968.4k NOK → 143.1k NOK (-85.2% YoY). Calculated