FirmaIQ
Org.nr 981 887 069 2018 → 2019 Year-over-year analysis

AGROVIN AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue, slipped into loss, cash halved-plus

approved 2020-06-23; registry 2020-07-02; journal 2020 524525

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGROVIN AS. Revenue 5.00m NOK → 4.50m NOK (-10.1%). Net result +270.1k NOK → -515.4k NOK. Equity 5.07m NOK → 4.55m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AGROVIN AS.

At a glance

Scorecard

Revenue
5.00m NOK 4.50m NOK
-10.1%
Operating result
+327.7k NOK -637.3k NOK
-294.5%
Net result
+270.1k NOK -515.4k NOK
-290.8%
Equity
5.07m NOK 4.55m NOK
-10.2%
Cash
5.78m NOK 2 854 NOK
-100.0%
Total assets
7.27m NOK 7.74m NOK
+6.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.00m NOK to 4.50m NOK (-10.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +327.7k NOK → -637.3k NOK (op. margin 6.6% → -14.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 270.1k NOK profit to a loss of 515.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.07m NOK → 4.55m NOK (equity ratio 69.7% → 58.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.78m NOK → 2 854 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.78m NOK → 2 854 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation