AGROSENTERET AS: årsregnskap 2017 vs 2016
Grew 9% on revenue, weaker earnings, cash halved-plus
approved 2018-06-20; registry 2018-06-25; journal 2018 544955
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGROSENTERET AS. Revenue 47.59m NOK → 51.66m NOK (+8.6%). Net result +801.0k NOK → +563.7k NOK. Equity 1.80m NOK → 2.37m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGROSENTERET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 47.59m NOK to 51.66m NOK (+8.6% YoY). Calculated
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↑
Equity strengthened
Book equity 1.80m NOK → 2.37m NOK (equity ratio 12.5% → 16.5%). Calculated
What deteriorated
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↓
Net result weakened
Net result +801.0k NOK → +563.7k NOK (net margin 1.7% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 1.57m NOK → 174.7k NOK (-88.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.57m NOK → 174.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 39.49m NOK → 42.46m NOK (+7.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 321.6k NOK → 301.6k NOK. Reported fact