AGRIPA PROSJEKT AS: årsregnskap 2019 vs 2018
Grew 1781% on revenue, returned to profit
approved 2020-03-06; registry 2020-04-23; journal 2020 305708
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRIPA PROSJEKT AS. Revenue 862.2k NOK → 16.22m NOK (+1781.4%). Net result -112.0k NOK → +341.1k NOK. Equity -82.0k NOK → 2.26m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRIPA PROSJEKT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 862.2k NOK to 16.22m NOK (+1781.4% YoY). Calculated
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Operating result improved
Operating result -141.9k NOK → +506.4k NOK (op. margin -16.5% → 3.1%). Calculated
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Turned profitable
Net result flipped from a loss of 112.0k NOK to a profit of 341.1k NOK. Calculated
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Equity strengthened
Book equity -82.0k NOK → 2.26m NOK (equity ratio -39.9% → 1394.6%). Calculated
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Cash rose
Bank deposits 44.3k NOK → 96.7k NOK (+118.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3 585 NOK → 994.2k NOK (0% → 6% of revenue). Calculated
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COGS moved
COGS / varekostnad 116.8k NOK → 15.71m NOK (+13343.3% YoY). Calculated