FirmaIQ
Org.nr 996 735 664 2018 → 2019 Year-over-year analysis

AGROTECH PRODUCTION AS: årsregnskap 2019 vs 2018

Shrank 20% on revenue

approved 2020-06-25; registry 2020-07-02; journal 2020 525299

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGROTECH PRODUCTION AS. Revenue 65.55m NOK → 52.36m NOK (-20.1%). Equity 13.74m NOK → 13 NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGROTECH PRODUCTION AS.

At a glance

Scorecard

Revenue
65.55m NOK 52.36m NOK
-20.1%
Operating result
n/m -3.41m NOK
—
Net result
n/m -4.58m NOK
—
Equity
13.74m NOK 13 NOK
-100.0%
Cash
1.28m NOK 1.84m NOK
+43.6%
Total assets
8.64m NOK 4.66m NOK
-46.1%

What improved

  • ↑

    Cash rose

    Bank deposits 1.28m NOK → 1.84m NOK (+43.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 65.55m NOK to 52.36m NOK (-20.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 13.74m NOK → 13 NOK (equity ratio 159.0% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 61.41m NOK → 49.55m NOK (-19.3% YoY). Calculated