AGRIMEX AS: årsregnskap 2015 vs 2014
Shrank 34% on revenue, weaker earnings, cash halved-plus
approved 2016-04-28; registry 2016-06-11; journal 2016 496708
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGRIMEX AS. Revenue 2.21m NOK → 1.46m NOK (-33.9%). Net result +28.6k NOK → +2 582 NOK. Equity 607.9k NOK → 610.5k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 607.9k NOK → 610.5k NOK (equity ratio 47.9% → 51.4%). Calculated
-
↑
Payroll decreased
Salary cost 59.1k NOK → 1 NOK (3% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.21m NOK to 1.46m NOK (-33.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +48.2k NOK → +11.4k NOK (op. margin 2.2% → 0.8%). Calculated
-
↓
Net result weakened
Net result +28.6k NOK → +2 582 NOK (net margin 1.3% → 0.2%). Calculated
-
↓
Cash fell
Bank deposits 263.3k NOK → 91.7k NOK (-65.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.85× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated