FirmaIQ
Org.nr 983 030 203 2017 → 2018 Year-over-year analysis

AGROTRADE AS: årsregnskap 2018 vs 2017

Grew 593% on revenue

approved 2019-06-30; registry 2019-07-31; journal 2019 838014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AGROTRADE AS. Revenue 344.9k NOK → 2.39m NOK (+592.7%). Net result +233.7k NOK → +238.0k NOK. Equity 1 178 NOK → 1.42m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
344.9k NOK 2.39m NOK
+592.7%
Operating result
+310.6k NOK +313.1k NOK
+0.8%
Net result
+233.7k NOK +238.0k NOK
+1.8%
Equity
1 178 NOK 1.42m NOK
+120178.1%
Cash
320.0k NOK 229.5k NOK
-28.3%
Total assets
1.53m NOK 1.80m NOK
+18.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 344.9k NOK to 2.39m NOK (+592.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +310.6k NOK → +313.1k NOK (op. margin 90.0% → 13.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1 178 NOK → 1.42m NOK (equity ratio 0.1% → 78.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.44× → 1.72×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 320.0k NOK → 229.5k NOK (-28.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 551.6k NOK → 463.1k NOK (-16.0% YoY). Calculated