AGRIMANN NORGE AS: årsregnskap 2006 vs 2005
Shrank 59% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AGRIMANN NORGE AS. Revenue 497.0k NOK → 202.1k NOK (-59.3%). Net result +3 NOK → +20.4k NOK. Equity 177.8k NOK → 157.4k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGRIMANN NORGE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +3 NOK → +20.4k NOK (net margin 0.0% → 10.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 497.0k NOK to 202.1k NOK (-59.3% YoY). Calculated
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↓
Equity eroded
Book equity 177.8k NOK → 157.4k NOK (equity ratio 8.4% → 8.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 463.3k NOK → 107.1k NOK (-76.9% YoY). Calculated