Org.nr 996 735 664 2016 → 2017 Year-over-year analysis

AGROTECH PRODUCTION AS: årsregnskap 2017 vs 2016

Shrank 46% on revenue, weaker earnings, fresh owner capital

approved 2018-06-27; registry 2018-07-04; journal 2018 611197

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGROTECH PRODUCTION AS. Revenue 56.85m NOK → 30.62m NOK (-46.1%). Net result -7 664 NOK → -2.44m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGROTECH PRODUCTION AS.

At a glance

Revenue

56.85m NOK 30.62m NOK

-46.1%

Net result

-7 664 NOK -2.44m NOK

-31694.5%

Equity

n/m 1.67m NOK

—

Cash

5.25m NOK 3.85m NOK

-26.7%

Total assets

12.85m NOK 8.88m NOK

-30.9%

↑
Owners injected capital

Paid-in equity rose 100.0k NOK → 338.7k NOK (+238.7k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 56.85m NOK to 30.62m NOK (-46.1% YoY). Calculated
↓
Net result weakened

Net result -7 664 NOK → -2.44m NOK (net margin -0.0% → -8.0%). Calculated
↓
Cash fell

Bank deposits 5.25m NOK → 3.85m NOK (-26.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 51.50m NOK → 28.83m NOK (-44.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 258.4k NOK → 1 258 NOK. Reported fact