AGRIRØR AS: årsregnskap 2019 vs 2018
Grew 24% on revenue, returned to profit
approved 2020-05-06; registry 2020-05-11; journal 2020 344882
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRIRØR AS. Revenue 439.5k NOK → 544.7k NOK (+23.9%). Net result -51.8k NOK → +1.21m NOK. Equity -32.0k NOK → 1.17m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRIRØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 439.5k NOK to 544.7k NOK (+23.9% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 51.8k NOK to a profit of 1.21m NOK. Calculated
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↑
Equity strengthened
Book equity -32.0k NOK → 1.17m NOK (equity ratio -0.9% → 45.0%). Calculated
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↑
Cash rose
Bank deposits 92.6k NOK → 941.2k NOK (+916.3% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 27.6k NOK → 483.9k NOK (6% → 89% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 92.4k NOK → 1.73m NOK (+1769.1% YoY). Calculated