FirmaIQ
Org.nr 911 734 400 2015 → 2016 Year-over-year analysis

AGRITEKNIKK HOLDING AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-05-31; registry 2017-06-15; journal 2017 454899

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AGRITEKNIKK HOLDING AS. Revenue 3.39m NOK → 3.42m NOK (+1.1%). Net result +645.2k NOK → +204.9k NOK. Equity 193.8k NOK → 1.40m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGRITEKNIKK HOLDING AS.

At a glance

Scorecard

Revenue
3.39m NOK 3.42m NOK
+1.1%
Operating result
+858.9k NOK +240.1k NOK
-72.0%
Net result
+645.2k NOK +204.9k NOK
-68.2%
Equity
193.8k NOK 1.40m NOK
+621.7%
Cash
942.1k NOK 986.6k NOK
+4.7%
Total assets
2.27m NOK 2.24m NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.39m NOK to 3.42m NOK (+1.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 193.8k NOK → 1.40m NOK (equity ratio 8.5% → 62.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 942.1k NOK → 986.6k NOK (+4.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 331.9k NOK → 5 331 NOK (10% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +858.9k NOK → +240.1k NOK (op. margin 25.4% → 7.0%). Calculated

  • ↓

    Net result weakened

    Net result +645.2k NOK → +204.9k NOK (net margin 19.1% → 6.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.88m NOK → 2.99m NOK (+59.5% YoY). Calculated