AGRITRANS AS: årsregnskap 2018 vs 2017
Grew 66% on revenue, stronger earnings
approved 2019-03-01; registry 2019-06-12; journal 2019 407886
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRITRANS AS. Revenue 110.1k NOK → 183.2k NOK (+66.4%). Net result -34.6k NOK → -9 108 NOK. Equity 55.7k NOK → 46.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGRITRANS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 110.1k NOK to 183.2k NOK (+66.4% YoY). Calculated
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↑
Operating result improved
Operating result -34.4k NOK → -9 269 NOK (op. margin -31.3% → -5.1%). Calculated
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↑
Net result improved
Net result -34.6k NOK → -9 108 NOK (net margin -31.4% → -5.0%). Calculated
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↑
Cash rose
Bank deposits 27.4k NOK → 44.2k NOK (+61.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 55.7k NOK → 46.6k NOK (equity ratio 97.0% → 44.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 88.9k NOK → 174.6k NOK (+96.4% YoY). Calculated