FirmaIQ
Org.nr 990 046 468 2016 → 2017 Year-over-year analysis

AGROLINK AS: årsregnskap 2017 vs 2016

Grew 15% on revenue, returned to profit

approved 2018-05-16; registry 2018-08-02; journal 2018 854451

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGROLINK AS. Revenue 4.13m NOK → 4.74m NOK (+14.6%). Net result -305.9k NOK → +97.2k NOK. Equity 5.03m NOK → 5.12m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGROLINK AS.

At a glance

Scorecard

Revenue
4.13m NOK 4.74m NOK
+14.6%
Net result
-305.9k NOK +97.2k NOK
+131.8%
Equity
5.03m NOK 5.12m NOK
+1.9%
Cash
146.0k NOK 90.1k NOK
-38.2%
Total assets
15.16m NOK 15.90m NOK
+4.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.13m NOK to 4.74m NOK (+14.6% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 305.9k NOK to a profit of 97.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5.03m NOK → 5.12m NOK (equity ratio 33.1% → 32.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 146.0k NOK → 90.1k NOK (-38.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.02m NOK → 1.09m NOK (25% → 23% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.37m NOK → 128.4k NOK (-90.6% YoY). Calculated