AGROSERVICE AS: årsregnskap 2018 vs 2017
Grew 161786% on revenue, fresh owner capital
approved 2019-06-14; registry 2019-07-17; journal 2019 737485
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGROSERVICE AS. Revenue 15.2k NOK → 24.64m NOK (+161786.5%). Equity 361.8k NOK → 935.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGROSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.2k NOK to 24.64m NOK (+161786.5% YoY). Calculated
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↑
Equity strengthened
Book equity 361.8k NOK → 935.4k NOK (equity ratio 3.2% → 8.9%). Calculated
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↑
Cash rose
Bank deposits 178.8k NOK → 337.6k NOK (+88.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1 342 NOK → 1.34m NOK (+1.34m NOK). Reported fact
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 490.51× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 4 887 NOK → 6.88m NOK (32% → 28% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4 885 NOK → 5.55m NOK (+113417.9% YoY). Calculated