AGRINOS NORWAY AS: årsregnskap 2014 vs 2013
Stronger earnings, cash halved-plus
approved 2015-05-15; registry 2015-06-27; journal 2015 523388
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGRINOS NORWAY AS. Net result -26.5k NOK → -14.8k NOK. Equity 18.5k NOK → 3 672 NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Net result
-26.5k NOK
-14.8k NOK
+44.2%
Equity
18.5k NOK
3 672 NOK
-80.1%
Cash
15.4k NOK
648 NOK
-95.8%
Total assets
19.7k NOK
4 867 NOK
-75.3%
What improved
-
↑
Net result improved
Net result -26.5k NOK → -14.8k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 18.5k NOK → 3 672 NOK (equity ratio 93.7% → 75.4%). Calculated
-
↓
Cash fell
Bank deposits 15.4k NOK → 648 NOK (-95.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 12.32× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated