AGRIMANN NORGE AS: årsregnskap 2005 vs 2004
Grew 114% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGRIMANN NORGE AS. Revenue 231.9k NOK → 497.0k NOK (+114.3%). Net result +1.38m NOK → +3 NOK. Equity 281.7k NOK → 177.8k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGRIMANN NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 231.9k NOK to 497.0k NOK (+114.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.38m NOK → +3 NOK (net margin 596.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 281.7k NOK → 177.8k NOK (equity ratio 281.0% → 8.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 113.9k NOK → 463.3k NOK (+306.8% YoY). Calculated