AGENDA TRANSPORT AS: årsregnskap 2016 vs 2015
Grew 67% on revenue, returned to profit
approved 2017-05-30; registry 2017-07-20; journal 2017 743607
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGENDA TRANSPORT AS. Revenue 1.35m NOK → 2.26m NOK (+66.5%). Net result -6 778 NOK → +279.4k NOK. Equity 276.8k NOK → 556.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGENDA TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.35m NOK to 2.26m NOK (+66.5% YoY). Calculated
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↑
Operating result improved
Operating result -7 028 NOK → +287.7k NOK (op. margin -0.5% → 12.8%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 6 778 NOK to a profit of 279.4k NOK. Calculated
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↑
Equity strengthened
Book equity 276.8k NOK → 556.2k NOK (equity ratio 53.7% → 49354.7%). Calculated
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↑
Cash rose
Bank deposits 322.5k NOK → 703.5k NOK (+118.2% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.16× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.01m NOK → 1.50m NOK (74% → 67% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 638 NOK → 6 050 NOK (+848.3% YoY). Calculated