AGRITRADE AS: årsregnskap 2018 vs 2017
Shrank 42% on revenue, stronger earnings
approved 2019-06-28; registry 2019-07-06; journal 2019 632313
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRITRADE AS. Revenue 1.01m NOK → 586.4k NOK (-42.2%). Net result -210.1k NOK → -90.3k NOK. Equity 1.12m NOK → 1.03m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRITRADE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +21.7k NOK → +56.0k NOK (op. margin 2.1% → 9.5%). Calculated
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↑
Net result improved
Net result -210.1k NOK → -90.3k NOK (net margin -20.7% → -15.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.01m NOK to 586.4k NOK (-42.2% YoY). Calculated
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↓
Equity eroded
Book equity 1.12m NOK → 1.03m NOK (equity ratio 36.4% → 35.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 953.5k NOK → 445.6k NOK (-53.3% YoY). Calculated