AGRITRANS AS: årsregnskap 2016 vs 2015
Shrank 12% on revenue, stronger earnings
approved 2017-03-13; registry 2017-05-30; journal 2017 357353
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGRITRANS AS. Revenue 537.5k NOK → 475.2k NOK (-11.6%). Net result +13.6k NOK → +35.0k NOK. Equity 55.3k NOK → 90.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRITRANS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +14.7k NOK → +46.4k NOK (op. margin 2.7% → 9.8%). Calculated
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↑
Net result improved
Net result +13.6k NOK → +35.0k NOK (net margin 2.5% → 7.4%). Calculated
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↑
Equity strengthened
Book equity 55.3k NOK → 90.3k NOK (equity ratio 88.3% → 28.9%). Calculated
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↑
Cash rose
Bank deposits 3 428 NOK → 197.3k NOK (+5656.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 32.7k NOK → 2 NOK (6% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 537.5k NOK to 475.2k NOK (-11.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 493.9k NOK → 325.0k NOK (-34.2% YoY). Calculated