AGRO INVEST AS: årsregnskap 2019 vs 2018
Grew 54% on revenue
approved 2020-06-23; registry 2020-07-06; journal 2020 546326
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGRO INVEST AS. Revenue 138.4k NOK → 213.4k NOK (+54.2%). Equity 5.85m NOK → 3.63m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGRO INVEST AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 138.4k NOK to 213.4k NOK (+54.2% YoY). Calculated
-
↑
Operating result improved
Operating result -6 677 NOK → +80.0k NOK (op. margin -4.8% → 37.5%). Calculated
-
↑
Cash rose
Bank deposits 58.3k NOK → 144.9k NOK (+148.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.85m NOK → 3.63m NOK (equity ratio 99.5% → 96.8%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 57.0k NOK → 79.9k NOK (41% → 37% of revenue). Calculated