FirmaIQ
Org.nr 962 954 081 2015 → 2016 Year-over-year analysis

AGRA HOLDING AS: årsregnskap 2016 vs 2015

Grew 6% on revenue, stronger earnings, cash halved-plus

approved 2017-05-11; registry 2017-08-09; journal 2017 846600

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AGRA HOLDING AS. Revenue 3.35bn NOK → 3.55bn NOK (+6.2%). Net result +262.4k NOK → +259.81m NOK. Equity 571.37m NOK → 571.4k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AGRA HOLDING AS.

At a glance

Scorecard

Revenue
3.35bn NOK 3.55bn NOK
+6.2%
Net result
+262.4k NOK +259.81m NOK
+98930.3%
Equity
571.37m NOK 571.4k NOK
-99.9%
Cash
30.36m NOK 2.94m NOK
-90.3%
Total assets
621.87m NOK 621.45m NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.35bn NOK to 3.55bn NOK (+6.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +262.4k NOK → +259.81m NOK (net margin 0.0% → 7.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 571.37m NOK → 571.4k NOK (equity ratio 91.9% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.36m NOK → 2.94m NOK (-90.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (30.36m NOK → 2.94m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 12 NOK → 13757133000.72bn NOK (0% → 387137517636% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.39m NOK → 1.44bn NOK (+103679.4% YoY). Calculated