AGRO EAST AS: årsregnskap 2012 vs 2011
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGRO EAST AS. Net result -179.5k NOK → -116.9k NOK. Equity 144.6k NOK → -261.5k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGRO EAST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -36.2k NOK → -35.1k NOK. Calculated
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↑
Net result improved
Net result -179.5k NOK → -116.9k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 144.6k NOK → -261.5k NOK (equity ratio 19.5% → -41.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -41.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 327.4k NOK → 226.0k NOK. Reported fact