FirmaIQ
Org.nr 913 455 738 2016 → 2017 Year-over-year analysis

AGROTRANS AS: årsregnskap 2017 vs 2016

Shrank 33% on revenue, returned to profit

approved 2018-04-12; registry 2018-07-23; journal 2018 756196

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGROTRANS AS. Revenue 12.59m NOK → 8.40m NOK (-33.3%). Net result -575.8k NOK → +601.4k NOK. Equity 8.58m NOK → 1 181 NOK.

On the constructive side: turned profitable; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGROTRANS AS.

At a glance

Scorecard

Revenue
12.59m NOK 8.40m NOK
-33.3%
Net result
-575.8k NOK +601.4k NOK
+204.5%
Equity
8.58m NOK 1 181 NOK
-100.0%
Cash
285.6k NOK 809.8k NOK
+183.5%
Total assets
6.69m NOK 5.63m NOK
-15.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 575.8k NOK to a profit of 601.4k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 285.6k NOK → 809.8k NOK (+183.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.01m NOK → 660.4k NOK (8% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.59m NOK to 8.40m NOK (-33.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 8.58m NOK → 1 181 NOK (equity ratio 128.3% → 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