Agrinor AS: årsregnskap 2007 vs 2006
Grew 95066% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for Agrinor AS. Revenue 1 156 NOK → 1.10m NOK (+95066.3%). Net result -85.2k NOK → +158.5k NOK. Equity 1.74m NOK → 1.90m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for Agrinor AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 156 NOK to 1.10m NOK (+95066.3% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 85.2k NOK to a profit of 158.5k NOK. Calculated
-
↑
Equity strengthened
Book equity 1.74m NOK → 1.90m NOK. Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.16× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 75.5k NOK → 7.18m NOK (6535% → 653% of revenue). Calculated