FirmaIQ
Org.nr 944 204 652 2002 → 2003 Year-over-year analysis

Agrinor AS: årsregnskap 2003 vs 2002

Stronger earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for Agrinor AS. Revenue 1.03m NOK → 1.05m NOK (+2.1%). Net result +139.3k NOK → +264.8k NOK. Equity 1.55m NOK → 1.57m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for Agrinor AS.

At a glance

Scorecard

Revenue
1.03m NOK 1.05m NOK
+2.1%
Operating result
+490.9k NOK +89.1k NOK
-81.8%
Net result
+139.3k NOK +264.8k NOK
+90.1%
Equity
1.55m NOK 1.57m NOK
+1.3%
Cash
4.33m NOK 65.8k NOK
-98.5%
Total assets
6.52m NOK 8.29m NOK
+27.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.03m NOK to 1.05m NOK (+2.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +139.3k NOK → +264.8k NOK (net margin 13.6% → 25.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.55m NOK → 1.57m NOK (equity ratio 23.8% → 19.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.16m NOK → 2.52m NOK (+361.1k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +490.9k NOK → +89.1k NOK (op. margin 47.8% → 8.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.33m NOK → 65.8k NOK (-98.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.33m NOK → 65.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation