FirmaIQ
Org.nr 988 640 247 2016 → 2017 Year-over-year analysis

AGRODRIFT AS: årsregnskap 2017 vs 2016

Grew 29% on revenue, weaker earnings

approved 2018-10-05; registry 2018-10-13; journal 2018 929312

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGRODRIFT AS. Revenue 1.75m NOK → 2.27m NOK (+29.4%). Net result +182.7k NOK → +41.3k NOK. Equity 871.6k NOK → 913.0k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGRODRIFT AS.

At a glance

Scorecard

Revenue
1.75m NOK 2.27m NOK
+29.4%
Operating result
+256.4k NOK +75.9k NOK
-70.4%
Net result
+182.7k NOK +41.3k NOK
-77.4%
Equity
871.6k NOK 913.0k NOK
+4.7%
Cash
8 250 NOK 24.3k NOK
+194.6%
Total assets
2.30m NOK 2.29m NOK
-0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.75m NOK to 2.27m NOK (+29.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 871.6k NOK → 913.0k NOK (equity ratio 37.8% → 39.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 250 NOK → 24.3k NOK (+194.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +256.4k NOK → +75.9k NOK (op. margin 14.6% → 3.3%). Calculated

  • ↓

    Net result weakened

    Net result +182.7k NOK → +41.3k NOK (net margin 10.4% → 1.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 328.9k NOK → 953.7k NOK (+190.0% YoY). Calculated