FirmaIQ
Org.nr 912 349 462 2016 → 2017 Year-over-year analysis

AGRITRADE AS: årsregnskap 2017 vs 2016

Shrank 35% on revenue, weaker earnings

approved 2018-05-04; registry 2018-06-18; journal 2018 495526

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGRITRADE AS. Revenue 1.55m NOK → 1.01m NOK (-34.7%). Net result -163.6k NOK → -210.1k NOK. Equity -1.67m NOK → 1.12m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
1.55m NOK 1.01m NOK
-34.7%
Operating result
+248.6k NOK +21.7k NOK
-91.3%
Net result
-163.6k NOK -210.1k NOK
-28.4%
Equity
-1.67m NOK 1.12m NOK
+167.3%
Total assets
3.38m NOK 3.08m NOK
-8.8%

What improved

  • ↑

    Equity strengthened

    Book equity -1.67m NOK → 1.12m NOK (equity ratio -49.3% → 36.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.55m NOK to 1.01m NOK (-34.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +248.6k NOK → +21.7k NOK (op. margin 16.0% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result -163.6k NOK → -210.1k NOK (net margin -10.5% → -20.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.27m NOK → 953.5k NOK (-25.2% YoY). Calculated