Org.nr 911 734 400 2018 → 2019 Year-over-year analysis

AGRITEKNIKK HOLDING AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-08-31; registry 2020-10-08; journal 2020 917722

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGRITEKNIKK HOLDING AS. Revenue 6.36m NOK → 6.06m NOK (-4.7%). Equity 2.27m NOK → 2.23m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

6.36m NOK 6.06m NOK

-4.7%

Operating result

n/m -17.0k NOK

—

Net result

n/m -42.7k NOK

—

Equity

2.27m NOK 2.23m NOK

-1.9%

Cash

37.8k NOK 34.2k NOK

-9.5%

Total assets

3.71m NOK 4.56m NOK

+23.0%

↓
Revenue fell

Operating income / revenue moved from 6.36m NOK to 6.06m NOK (-4.7% YoY). Calculated
↓
Equity eroded

Book equity 2.27m NOK → 2.23m NOK (equity ratio 61.1% → 48.8%). Calculated
↓
Cash fell

Bank deposits 37.8k NOK → 34.2k NOK (-9.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 635.7k NOK → 669.0k NOK (10% → 11% of revenue). Calculated