AGRI EIENDOM AS: årsregnskap 2010 vs 2009
Grew 73% on revenue, cash halved-plus, fresh owner capital
approved 2011-05-26; registry 2011-06-09; journal 2011 393417
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGRI EIENDOM AS. Revenue 58.65m NOK → 101.25m NOK (+72.6%). Equity 29.65m NOK → 63.43m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for AGRI EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 58.65m NOK to 101.25m NOK (+72.6% YoY). Calculated
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↑
Operating result improved
Operating result +34.94m NOK → +70.90m NOK (op. margin 59.6% → 70.0%). Calculated
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↑
Equity strengthened
Book equity 29.65m NOK → 63.43m NOK (equity ratio 7.0% → 13.2%). Calculated
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↑
Owners injected capital
Paid-in equity rose 2.20m NOK → 42.48m NOK (+40.28m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 3.36m NOK → 3 363 NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.36m NOK → 3 363 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 1.26m NOK → 1.85m NOK (2% → 2% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 153.0k NOK → 303 NOK. Reported fact