AGRIRØR AS: årsregnskap 2018 vs 2017
Grew 415% on revenue, slipped into loss
approved 2019-06-04; registry 2019-06-20; journal 2019 485037
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRIRØR AS. Revenue 85.4k NOK → 439.5k NOK (+414.6%). Net result +3 NOK → -51.8k NOK. Equity 19.8k NOK → -32.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRIRØR AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 85.4k NOK to 439.5k NOK (+414.6% YoY). Calculated
-
↑
Cash rose
Bank deposits 67.6k NOK → 92.6k NOK (+37.0% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 3 NOK profit to a loss of 51.8k NOK. Calculated
-
↓
Equity eroded
Book equity 19.8k NOK → -32.0k NOK (equity ratio 0.8% → -0.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation