Org.nr 984 475 500 2005 → 2006 Year-over-year analysis

AGRO EAST AS: årsregnskap 2006 vs 2005

Slipped into loss

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2006 with 2005 for AGRO EAST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +166.1k NOK → -40.8k NOK. Equity 7.25m NOK → 208.2k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGRO EAST AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-29.3k NOK -58.9k NOK
-100.9%
Net result
+166.1k NOK -40.8k NOK
-124.6%
Equity
7.25m NOK 208.2k NOK
-97.1%
Total assets
343.1k NOK 2.28m NOK
+564.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.88× → 2.37×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -29.3k NOK → -58.9k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 166.1k NOK profit to a loss of 40.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7.25m NOK → 208.2k NOK (equity ratio 2113.0% → 9.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 3.38m NOK. Reported fact