FirmaIQ
Org.nr 915 900 054 2018 → 2019 Year-over-year analysis

AGROQUIP AS: årsregnskap 2019 vs 2018

Grew 36% on revenue, returned to profit

approved 2020-07-21; registry 2020-08-11; journal 2020 665446

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGROQUIP AS. Revenue 10.53m NOK → 14.32m NOK (+36.0%). Net result -2.30m NOK → +854.7k NOK. Equity -2.06m NOK → -1.20m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
10.53m NOK 14.32m NOK
+36.0%
Operating result
n/m +1.02m NOK
—
Net result
-2.30m NOK +854.7k NOK
+137.2%
Equity
-2.06m NOK -1.20m NOK
+41.5%
Cash
67.8k NOK 36.1k NOK
-46.7%
Total assets
2.04m NOK 2.04m NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.53m NOK to 14.32m NOK (+36.0% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.30m NOK to a profit of 854.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -2.06m NOK → -1.20m NOK (equity ratio -100.8% → -59.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 67.8k NOK → 36.1k NOK (-46.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8.40m NOK → 11.84m NOK (+40.9% YoY). Calculated