Org.nr 911 734 400 2017 → 2018 Year-over-year analysis

AGRITEKNIKK HOLDING AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue, cash halved-plus

approved 2019-06-20; registry 2019-07-11; journal 2019 675291

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGRITEKNIKK HOLDING AS. Revenue 7.17m NOK → 6.36m NOK (-11.4%). Equity 1.82m NOK → 2.27m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

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

At a glance

Revenue

7.17m NOK 6.36m NOK

-11.4%

Operating result

+550.1k NOK n/m

—

Equity

1.82m NOK 2.27m NOK

+24.4%

Cash

578.9k NOK 37.8k NOK

-93.5%

Total assets

3.94m NOK 3.71m NOK

-5.8%

↑
Equity strengthened

Book equity 1.82m NOK → 2.27m NOK (equity ratio 46.3% → 61.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.17m NOK to 6.36m NOK (-11.4% YoY). Calculated
↓
Cash fell

Bank deposits 578.9k NOK → 37.8k NOK (-93.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 7 427 NOK → 635.7k NOK (0% → 10% of revenue). Calculated