AGRON CORPORATE AS: årsregnskap 2018 vs 2017
Shrank 89% on revenue, cash halved-plus
approved 2019-06-13; registry 2019-07-27; journal 2019 806604
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGRON CORPORATE AS. Revenue 902.1k NOK → 100.0k NOK (-88.9%). Equity 1.22m NOK → 11.96m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
902.1k NOK
100.0k NOK
-88.9%
Operating result
+830.7k NOK
n/m
—
Net result
n/m
-259.6k NOK
—
Equity
1.22m NOK
11.96m NOK
+880.1%
Cash
396.6k NOK
38.3k NOK
-90.4%
Total assets
297.2k NOK
1.40m NOK
+371.7%
What improved
-
↑
Equity strengthened
Book equity 1.22m NOK → 11.96m NOK (equity ratio 410.6% → 853.3%). Calculated
-
↑
Payroll decreased
Salary cost 71.5k NOK → 1 NOK (8% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 902.1k NOK to 100.0k NOK (-88.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 396.6k NOK → 38.3k NOK (-90.4% YoY). Calculated