AGRA FOODS AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-05-27; registry 2015-09-14; journal 2015 807020
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGRA FOODS AS. Revenue 18.11m NOK → 17.89m NOK (-1.2%). Net result +115.81m NOK → +177.8k NOK. Equity 574.73m NOK → 648.9k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRA FOODS AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 3.25×. Calculated
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↑
Payroll decreased
Salary cost 687.66m NOK → 12.64m NOK (3798% → 71% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.11m NOK to 17.89m NOK (-1.2% YoY). Calculated
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↓
Net result weakened
Net result +115.81m NOK → +177.8k NOK (net margin 639.6% → 1.0%). Calculated
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↓
Equity eroded
Book equity 574.73m NOK → 648.9k NOK (equity ratio 27346.0% → 88.5%). Calculated
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↓
Cash fell
Bank deposits 225.41m NOK → 161.52m NOK (-28.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 262.71m NOK → 1.26m NOK (-99.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 154.14bn NOK → 499.3k NOK. Reported fact