Org.nr 976 820 630 2017 → 2018 Year-over-year analysis

AGRONOR AS: årsregnskap 2018 vs 2017

Grew 26% on revenue

approved 2019-03-16; registry 2019-06-19; journal 2019 476287

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGRONOR AS. Revenue 12.51m NOK → 15.79m NOK (+26.3%). Equity 7.60m NOK → 14.49m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

12.51m NOK 15.79m NOK

+26.3%

Operating result

n/m +8.71m NOK

—

Net result

+1.72m NOK n/m

—

Equity

7.60m NOK 14.49m NOK

+90.7%

Cash

6.91m NOK 12.33m NOK

+78.3%

Total assets

9.68m NOK 18.24m NOK

+88.5%

↑
Revenue rose

Operating income / revenue moved from 12.51m NOK to 15.79m NOK (+26.3% YoY). Calculated
↑
Equity strengthened

Book equity 7.60m NOK → 14.49m NOK (equity ratio 78.5% → 79.4%). Calculated
↑
Cash rose

Bank deposits 6.91m NOK → 12.33m NOK (+78.3% YoY). Calculated

·
Payroll increased

Salary cost 1.60m NOK → 2.73m NOK (13% → 17% of revenue). Calculated
·
COGS fell

COGS / varekostnad 7.13m NOK → 5.29m NOK (-25.9% YoY). Calculated