FirmaIQ
Org.nr 976 820 630 2016 → 2017 Year-over-year analysis

AGRONOR AS: årsregnskap 2017 vs 2016

Shrank 16% on revenue, weaker earnings

approved 2018-02-23; registry 2018-06-13; journal 2018 470367

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGRONOR AS. Revenue 14.82m NOK → 12.51m NOK (-15.6%). Net result +2.50m NOK → +1.72m NOK. Equity 5.88m NOK → 7.60m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRONOR AS.

At a glance

Scorecard

Revenue
14.82m NOK 12.51m NOK
-15.6%
Net result
+2.50m NOK +1.72m NOK
-31.5%
Equity
5.88m NOK 7.60m NOK
+29.1%
Cash
5.05m NOK 6.91m NOK
+36.8%
Total assets
7.99m NOK 9.68m NOK
+21.2%

What improved

  • ↑

    Equity strengthened

    Book equity 5.88m NOK → 7.60m NOK (equity ratio 73.7% → 78.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.05m NOK → 6.91m NOK (+36.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.66m NOK → 1.60m NOK (11% → 13% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.82m NOK to 12.51m NOK (-15.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.50m NOK → +1.72m NOK (net margin 16.9% → 13.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.26m NOK → 7.13m NOK (-13.7% YoY). Calculated