AGRIMEX AS: årsregnskap 2012 vs 2011
Grew 55799% on revenue, weaker earnings, cash halved-plus
approved 2013-06-13; registry 2013-06-22; journal 2013 469489
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGRIMEX AS. Revenue 1 277 NOK → 713.8k NOK (+55798.7%). Net result +85.4k NOK → +60.3k NOK. Equity 191.6k NOK → 251.9k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRIMEX AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 277 NOK to 713.8k NOK (+55798.7% YoY). Calculated
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↑
Equity strengthened
Book equity 191.6k NOK → 251.9k NOK (equity ratio 30.0% → 716.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +119.4k NOK → +88.1k NOK (op. margin 9349.6% → 12.3%). Calculated
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↓
Net result weakened
Net result +85.4k NOK → +60.3k NOK (net margin 6691.0% → 8.4%). Calculated
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↓
Cash fell
Bank deposits 31.6k NOK → 8 984 NOK (-71.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.41× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 956.7k NOK → 419.0k NOK (-56.2% YoY). Calculated