AGRO INVEST AS: årsregnskap 2016 vs 2015
Grew 3117% on revenue, weaker earnings, cash halved-plus
approved 2017-06-09; registry 2017-07-08; journal 2017 649496
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGRO INVEST AS. Revenue 3 006 NOK → 96.7k NOK (+3116.7%). Net result +794.1k NOK → +300.0k NOK. Equity 7.76m NOK → 6.67m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGRO INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 006 NOK to 96.7k NOK (+3116.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +929.8k NOK → +14.5k NOK (op. margin 30930.3% → 15.0%). Calculated
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↓
Net result weakened
Net result +794.1k NOK → +300.0k NOK (net margin 26417.2% → 310.3%). Calculated
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↓
Equity eroded
Book equity 7.76m NOK → 6.67m NOK (equity ratio 93.0% → 95.5%). Calculated
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↓
Cash fell
Bank deposits 83.6k NOK → 19.9k NOK (-76.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2 072 NOK → 1.21m NOK. Reported fact