AGROIT AS: årsregnskap 2018 vs 2017
Shrank 96% on revenue
approved 2019-05-23; registry 2019-07-13; journal 2019 698748
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGROIT AS. Revenue 259.5k NOK → 9 300 NOK (-96.4%). Net result -30.9k NOK → -30.9k NOK. Equity -64.5k NOK → -95.4k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -122.6k NOK → -38.1k NOK (op. margin -47.3% → -410.0%). Calculated
-
↑
Cash rose
Bank deposits 11.3k NOK → 23.4k NOK (+107.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.21× → 5.77×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 259.5k NOK to 9 300 NOK (-96.4% YoY). Calculated
-
↓
Equity eroded
Book equity -64.5k NOK → -95.4k NOK (equity ratio -163.2% → -162.4%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 358 NOK → 33.2k NOK (1% → 357% of revenue). Calculated