AGR SOFTWARE AS: årsregnskap 2015 vs 2014
Grew 22% on revenue, weaker earnings, fresh owner capital
approved 2016-06-30; registry 2016-07-26; journal 2016 742132
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGR SOFTWARE AS. Revenue 3.32m NOK → 4.04m NOK (+21.7%). Net result +1.45m NOK → +834.5k NOK. Equity 5.49m NOK → 23.38m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGR SOFTWARE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.32m NOK to 4.04m NOK (+21.7% YoY). Calculated
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↑
Equity strengthened
Book equity 5.49m NOK → 23.38m NOK (equity ratio 71.6% → 91.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 3.60m NOK → 20.66m NOK (+17.06m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +1.71m NOK → +1.08m NOK (op. margin 51.6% → 26.8%). Calculated
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↓
Net result weakened
Net result +1.45m NOK → +834.5k NOK (net margin 43.8% → 20.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 18.81× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 218.7k NOK → 558.1k NOK (+155.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 17.1k NOK. Reported fact