Org.nr 966 459 778 2016 → 2017 Year-over-year analysis

AGROL AS: årsregnskap 2017 vs 2016

Grew 16% on revenue

approved 2018-05-31; registry 2018-06-21; journal 2018 523047

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGROL AS. Revenue 8.81m NOK → 10.18m NOK (+15.6%). Equity 7.16m NOK → 6.03m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Revenue

8.81m NOK 10.18m NOK

+15.6%

Operating result

+2.09m NOK +1.42m NOK

-32.0%

Equity

7.16m NOK 6.03m NOK

-15.8%

Cash

6.95m NOK 7.02m NOK

+0.9%

Total assets

10.83m NOK 10.44m NOK

-3.6%

↑
Revenue rose

Operating income / revenue moved from 8.81m NOK to 10.18m NOK (+15.6% YoY). Calculated
↑
Cash rose

Bank deposits 6.95m NOK → 7.02m NOK (+0.9% YoY). Calculated
↑
Payroll decreased

Salary cost 4.56m NOK → 4.12m NOK (52% → 40% of revenue). Calculated

↓
Operating result weakened

Operating result +2.09m NOK → +1.42m NOK (op. margin 23.8% → 14.0%). Calculated
↓
Equity eroded

Book equity 7.16m NOK → 6.03m NOK (equity ratio 66.2% → 57.8%). Calculated