AGRINOS NORWAY AS: årsregnskap 2015 vs 2014
Another loss-making year
approved 2016-05-31; registry 2016-08-08; journal 2016 811679
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGRINOS NORWAY AS. Net result -14.8k NOK → -24.3k NOK. Equity 3 672 NOK → -20.6k NOK.
On the constructive side: cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRINOS NORWAY AS.
At a glance
Scorecard
Net result
-14.8k NOK
-24.3k NOK
-64.2%
Equity
3 672 NOK
-20.6k NOK
-661.6%
Cash
648 NOK
6 473 NOK
+898.9%
Total assets
4 867 NOK
10.7k NOK
+119.7%
What improved
-
↑
Cash rose
Bank deposits 648 NOK → 6 473 NOK (+898.9% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result -14.8k NOK → -24.3k NOK. Calculated
-
↓
Equity eroded
Book equity 3 672 NOK → -20.6k NOK (equity ratio 75.4% → -192.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -192.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation