AGRIUS INVEST AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-05-14; registry 2019-06-04; journal 2019 378280
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRIUS INVEST AS. Revenue 0 NOK → 1 NOK. Net result +1 974 NOK → +84.3k NOK. Equity 30.5k NOK → -53.7k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRIUS INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1 NOK. Calculated
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↑
Net result improved
Net result +1 974 NOK → +84.3k NOK. Calculated
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↑
Cash rose
Bank deposits 8 914 NOK → 32.5k NOK (+264.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9 989 NOK → -25.8k NOK. Calculated
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↓
Equity eroded
Book equity 30.5k NOK → -53.7k NOK (equity ratio 8.4% → -11.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation