AGRA AS: årsregnskap 2015 vs 2014
Grew 8% on revenue, weaker earnings, cash halved-plus
approved 2016-03-14; registry 2016-09-03; journal 2016 893791
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGRA AS. Revenue 3.09bn NOK → 3.35bn NOK (+8.2%). Net result +152.39m NOK → +245.4k NOK. Equity 822.52m NOK → 890.9k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AGRA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.09bn NOK to 3.35bn NOK (+8.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.48× → 1.08×. Calculated
What deteriorated
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↓
Net result weakened
Net result +152.39m NOK → +245.4k NOK (net margin 4.9% → 0.0%). Calculated
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↓
Equity eroded
Book equity 822.52m NOK → 890.9k NOK (equity ratio 86.7% → 47.7%). Calculated
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↓
Cash fell
Bank deposits 58.97m NOK → 951.0k NOK (-98.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (58.97m NOK → 951.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 245.07m NOK → 187.76m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 12 NOK → 12.70m NOK (0% → 0% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.26m NOK → 1.39m NOK (+10.0% YoY). Calculated