AGRO TRADERS AS: årsregnskap 2018 vs 2017
Grew 54% on revenue, stronger earnings
approved 2019-03-31; registry 2019-05-11; journal 2019 320243
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRO TRADERS AS. Revenue 7.99m NOK → 12.35m NOK (+54.5%). Net result +352.0k NOK → +663.9k NOK. Equity 3.34m NOK → 4.00m 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 TRADERS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.99m NOK to 12.35m NOK (+54.5% YoY). Calculated
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Operating result improved
Operating result +464.7k NOK → +624.6k NOK (op. margin 5.8% → 5.1%). Calculated
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Net result improved
Net result +352.0k NOK → +663.9k NOK (net margin 4.4% → 5.4%). Calculated
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Equity strengthened
Book equity 3.34m NOK → 4.00m NOK (equity ratio 62.9% → 57.3%). Calculated
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Cash rose
Bank deposits 3.49m NOK → 4.01m NOK (+15.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 741.5k NOK → 798.6k NOK (9% → 6% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 6.45m NOK → 10.45m NOK (+62.0% YoY). Calculated