AGROMATIC AS: årsregnskap 2018 vs 2017
Grew 20% on revenue, returned to profit
approved 2019-05-21; registry 2019-06-17; journal 2019 456897
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGROMATIC AS. Revenue 3.40m NOK → 4.09m NOK (+20.3%). Net result -49.6k NOK → +95.9k NOK. Equity 733.5k NOK → 753.2k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROMATIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.40m NOK to 4.09m NOK (+20.3% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 49.6k NOK to a profit of 95.9k NOK. Calculated
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↑
Equity strengthened
Book equity 733.5k NOK → 753.2k NOK (equity ratio 53.5% → 46.0%). Calculated
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↑
Cash rose
Bank deposits 1.06m NOK → 1.35m NOK (+27.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 998.7k NOK → 312.3k NOK (-68.7% YoY). Calculated