AGRO EAST AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-05-28; registry 2015-06-17; journal 2015 478729
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGRO EAST AS. Equity 177.2k NOK → -192.0k NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRO EAST AS.
At a glance
Scorecard
Operating result
-28.4k NOK
n/m
—
Net result
+84.3k NOK
n/m
—
Equity
177.2k NOK
-192.0k NOK
-208.4%
Cash
146.9k NOK
171.7k NOK
+16.9%
Total assets
712.1k NOK
709.8k NOK
-0.3%
What improved
-
↑
Cash rose
Bank deposits 146.9k NOK → 171.7k NOK (+16.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 177.2k NOK → -192.0k NOK (equity ratio 24.9% → -27.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -27.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation