AGRO IMPORT AS: årsregnskap 2019 vs 2018
Grew 157% on revenue, weaker earnings
approved 2020-03-10; registry 2020-05-07; journal 2020 337432
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRO IMPORT AS. Revenue 788.6k NOK → 2.03m NOK (+157.4%). Net result +522.9k NOK → +264.0k NOK. Equity 11.42m NOK → 11.16m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRO IMPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 788.6k NOK to 2.03m NOK (+157.4% YoY). Calculated
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↑
Cash rose
Bank deposits 151.0k NOK → 244.6k NOK (+62.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +604.3k NOK → +324.0k NOK (op. margin 76.6% → 16.0%). Calculated
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↓
Net result weakened
Net result +522.9k NOK → +264.0k NOK (net margin 66.3% → 13.0%). Calculated
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↓
Equity eroded
Book equity 11.42m NOK → 11.16m NOK (equity ratio 1054.3% → 2422.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 985.5k NOK → 869.7k NOK (-11.8% YoY). Calculated