Org.nr 919 164 816 2018 → 2019 Year-over-year analysis

AGROFARM AS: årsregnskap 2019 vs 2018

Shrank 7% on revenue, cash halved-plus

approved 2019-12-31; registry 2020-08-19; journal 2020 680840

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGROFARM AS. Revenue 497.3k NOK → 460.4k NOK (-7.4%). Equity 71.2k NOK → 65.5k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

497.3k NOK 460.4k NOK

-7.4%

Operating result

n/m +189.4k NOK

—

Net result

n/m +124.3k NOK

—

Equity

71.2k NOK 65.5k NOK

-8.0%

Cash

280.0k NOK 71.5k NOK

-74.5%

Total assets

628.9k NOK 336.6k NOK

-46.5%

↓
Revenue fell

Operating income / revenue moved from 497.3k NOK to 460.4k NOK (-7.4% YoY). Calculated
↓
Equity eroded

Book equity 71.2k NOK → 65.5k NOK (equity ratio 11.3% → 19.5%). Calculated
↓
Cash fell

Bank deposits 280.0k NOK → 71.5k NOK (-74.5% YoY). Calculated