Org.nr 911 734 400 2016 → 2017 Year-over-year analysis

AGRITEKNIKK HOLDING AS: årsregnskap 2017 vs 2016

Grew 109% on revenue

approved 2018-05-31; registry 2018-06-18; journal 2018 494008

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AGRITEKNIKK HOLDING AS. Revenue 3.42m NOK → 7.17m NOK (+109.5%). Equity 1.40m NOK → 1.82m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGRITEKNIKK HOLDING AS.

Scorecard

Revenue
3.42m NOK 7.17m NOK
+109.5%
Operating result
+240.1k NOK +550.1k NOK
+129.1%
Net result
+204.9k NOK n/m
—
Equity
1.40m NOK 1.82m NOK
+30.3%
Cash
986.6k NOK 578.9k NOK
-41.3%
Total assets
2.24m NOK 3.94m NOK
+75.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.42m NOK to 7.17m NOK (+109.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +240.1k NOK → +550.1k NOK (op. margin 7.0% → 7.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.40m NOK → 1.82m NOK (equity ratio 62.4% → 46.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 986.6k NOK → 578.9k NOK (-41.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.99m NOK → 5.78m NOK (+93.3% YoY). Calculated