Org.nr 988 640 247 2018 → 2019 Year-over-year analysis

AGRODRIFT AS: årsregnskap 2019 vs 2018

Grew 14% on revenue

approved 2020-12-20; registry 2020-12-22; journal 2020 976339

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGRODRIFT AS. Revenue 2.51m NOK → 2.84m NOK (+13.5%). Equity 959.8k NOK → 102.4k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGRODRIFT AS.

At a glance

Revenue

2.51m NOK 2.84m NOK

+13.5%

Operating result

n/m -303.1k NOK

—

Net result

n/m -267.4k NOK

—

Equity

959.8k NOK 102.4k NOK

-89.3%

Cash

49.7k NOK 66.2k NOK

+33.2%

Total assets

2.20m NOK 2.15m NOK

-2.3%

↑
Revenue rose

Operating income / revenue moved from 2.51m NOK to 2.84m NOK (+13.5% YoY). Calculated
↑
Cash rose

Bank deposits 49.7k NOK → 66.2k NOK (+33.2% YoY). Calculated

↓
Equity eroded

Book equity 959.8k NOK → 102.4k NOK (equity ratio 43.7% → 4.8%). Calculated

·
Thin equity buffer

Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 860.9k NOK → 1 278 NOK (-99.9% YoY). Calculated