AGRAF HOLDING AS: årsregnskap 2015 vs 2014
Weaker earnings
approved 2016-09-22; registry 2016-10-03; journal 2016 957408
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGRAF HOLDING AS. Revenue 0 NOK → 257.5k NOK. Net result -47.7k NOK → -625.7k NOK. Equity 8.28m NOK → 5.40m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGRAF HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 257.5k NOK. Calculated
-
↑
Cash rose
Bank deposits 45.0k NOK → 2.25m NOK (+4898.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -47.7k NOK → -625.7k NOK. Calculated
-
↓
Equity eroded
Book equity 8.28m NOK → 5.40m NOK (equity ratio 95.6% → 65.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.94× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 3.20m NOK → 950.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 2.45m NOK → 2.02m NOK. Reported fact