AGG INVEST AS: årsregnskap 2015 vs 2014
Grew 200% on revenue, weaker earnings
approved 2016-05-28; registry 2016-08-10; journal 2016 817203
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGG INVEST AS. Revenue 465.2k NOK → 1.40m NOK (+199.9%). Net result +658.9k NOK → +286.7k NOK. Equity 822.7k NOK → 509.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGG INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 465.2k NOK to 1.40m NOK (+199.9% YoY). Calculated
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↑
Cash rose
Bank deposits 31.9k NOK → 126.4k NOK (+296.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +658.9k NOK → +286.7k NOK (net margin 141.6% → 20.6%). Calculated
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↓
Equity eroded
Book equity 822.7k NOK → 509.4k NOK (equity ratio 43.0% → 29.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.29× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 823.6k NOK → 223.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 166.1k NOK → 392.3k NOK (+136.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 664.4k NOK → 200.0k NOK. Reported fact