Org.nr 878 700 562 2017 → 2018 Year-over-year analysis

AGROMATIC AS: årsregnskap 2018 vs 2017

Grew 20% on revenue, returned to profit

approved 2019-05-21; registry 2019-06-17; journal 2019 456897

Full company analysis · All year comparisons

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.

Scorecard

Revenue
3.40m NOK 4.09m NOK
+20.3%
Net result
-49.6k NOK +95.9k NOK
+293.4%
Equity
733.5k NOK 753.2k NOK
+2.7%
Cash
1.06m NOK 1.35m NOK
+27.4%
Total assets
1.37m NOK 1.64m NOK
+19.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.40m NOK to 4.09m NOK (+20.3% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 49.6k NOK to a profit of 95.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 733.5k NOK → 753.2k NOK (equity ratio 53.5% → 46.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.06m NOK → 1.35m NOK (+27.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 998.7k NOK → 312.3k NOK (-68.7% YoY). Calculated