FirmaIQ
Org.nr 964 444 269 2016 → 2017 Year-over-year analysis

AGRO TRADERS AS: årsregnskap 2017 vs 2016

Grew 24% on revenue, returned to profit

approved 2018-05-09; registry 2018-05-29; journal 2018 366414

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGRO TRADERS AS. Revenue 6.44m NOK → 7.99m NOK (+24.1%). Net result -60.0k NOK → +352.0k NOK. Equity 2.99m NOK → 3.34m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRO TRADERS AS.

At a glance

Scorecard

Revenue
6.44m NOK 7.99m NOK
+24.1%
Operating result
+50.5k NOK +464.7k NOK
+819.8%
Net result
-60.0k NOK +352.0k NOK
+686.1%
Equity
2.99m NOK 3.34m NOK
+11.8%
Cash
2.15m NOK 3.49m NOK
+61.9%
Total assets
3.49m NOK 5.31m NOK
+52.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.44m NOK to 7.99m NOK (+24.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +50.5k NOK → +464.7k NOK (op. margin 0.8% → 5.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 60.0k NOK to a profit of 352.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.99m NOK → 3.34m NOK (equity ratio 85.6% → 62.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.15m NOK → 3.49m NOK (+61.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 735.8k NOK → 741.5k NOK (11% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.39m NOK → 6.45m NOK (+19.6% YoY). Calculated