AGRO AS: årsregnskap 2019 vs 2018
Grew 18% on revenue, stronger earnings
approved 2020-08-19; registry 2020-09-01; journal 2020 722847
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRO AS. Revenue 91.06m NOK → 107.83m NOK (+18.4%). Net result +573.3k NOK → +698.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 91.06m NOK to 107.83m NOK (+18.4% YoY). Calculated
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↑
Operating result improved
Operating result +69 NOK → +3.78m NOK (op. margin 0.0% → 3.5%). Calculated
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↑
Net result improved
Net result +573.3k NOK → +698.8k NOK (net margin 0.6% → 0.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 9.82m NOK → 10.29m NOK (11% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 73.93m NOK → 86.87m NOK (+17.5% YoY). Calculated