FirmaIQ
Org.nr 981 887 069 2016 → 2017 Year-over-year analysis

AGROVIN AS: årsregnskap 2017 vs 2016

Grew 15% on revenue, stronger earnings

approved 2018-06-06; registry 2018-06-18; journal 2018 497014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AGROVIN AS. Revenue 3.83m NOK → 4.40m NOK (+14.9%). Net result +176.2k NOK → +524.8k NOK. Equity 4.27m NOK → 4.80m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGROVIN AS.

At a glance

Scorecard

Revenue
3.83m NOK 4.40m NOK
+14.9%
Operating result
+195.1k NOK +650.1k NOK
+233.1%
Net result
+176.2k NOK +524.8k NOK
+197.9%
Equity
4.27m NOK 4.80m NOK
+12.3%
Cash
4 226 NOK 4 259 NOK
+0.8%
Total assets
5.29m NOK 7.43m NOK
+40.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.83m NOK to 4.40m NOK (+14.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +195.1k NOK → +650.1k NOK (op. margin 5.1% → 14.8%). Calculated

  • ↑

    Net result improved

    Net result +176.2k NOK → +524.8k NOK (net margin 4.6% → 11.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.27m NOK → 4.80m NOK (equity ratio 80.8% → 64.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 273.7k NOK → 292.0k NOK (7% → 7% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 659.2k NOK → 693.4k NOK (+5.2% YoY). Calculated