AGROTRANS AS: årsregnskap 2019 vs 2018
Shrank 20% on revenue, stronger earnings, cash halved-plus
approved 2020-04-02; registry 2020-06-18; journal 2020 456299
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGROTRANS AS. Revenue 1.53m NOK → 1.22m NOK (-20.4%). Net result -162.0k NOK → -58.0k NOK. Equity 1.02m NOK → 7.96m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROTRANS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -162.0k NOK → -58.0k NOK (net margin -10.6% → -4.8%). Calculated
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↑
Equity strengthened
Book equity 1.02m NOK → 7.96m NOK (equity ratio 44.6% → 787.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.53m NOK to 1.22m NOK (-20.4% YoY). Calculated
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↓
Cash fell
Bank deposits 193.1k NOK → 11.6k NOK (-94.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.49m NOK → 1.13m NOK (-24.0% YoY). Calculated