FirmaIQ
Org.nr 935 299 276 2012 → 2013 Year-over-year analysis

AGRAF AS: årsregnskap 2013 vs 2012

Shrank 76% on revenue, weaker earnings

approved 2014-05-30; registry 2014-08-30; journal 2014 738312

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGRAF AS. Revenue 27.61m NOK → 6.74m NOK (-75.6%). Net result +3.74m NOK → +603.4k NOK. Equity 4.07m NOK → 4.17m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRAF AS.

At a glance

Scorecard

Revenue
27.61m NOK 6.74m NOK
-75.6%
Net result
+3.74m NOK +603.4k NOK
-83.9%
Equity
4.07m NOK 4.17m NOK
+2.5%
Cash
774.8k NOK 1.29m NOK
+66.3%
Total assets
8.66m NOK 5.96m NOK
-31.2%

What improved

  • ↑

    Equity strengthened

    Book equity 4.07m NOK → 4.17m NOK (equity ratio 46.9% → 70.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 774.8k NOK → 1.29m NOK (+66.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.61m NOK to 6.74m NOK (-75.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +3.74m NOK → +603.4k NOK (net margin 13.5% → 9.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 657.1k NOK → 985.3k NOK (2% → 15% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.85m NOK → 4.26m NOK (-80.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 513.9k NOK → 891.7k NOK. Reported fact