AGRO & MILJØ AS: årsregnskap 2013 vs 2012
Grew 38% on revenue
approved 2014-05-26; registry 2014-06-23; journal 2014 491598
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AGRO & MILJØ AS. Revenue 4.39m NOK → 6.05m NOK (+37.7%). Equity 997.2k NOK → 1 199 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGRO & MILJØ AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.39m NOK to 6.05m NOK (+37.7% YoY). Calculated
-
↑
Cash rose
Bank deposits 433.8k NOK → 549.7k NOK (+26.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.64× → 2.22×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 997.2k NOK → 1 199 NOK (equity ratio 53.6% → 0.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 1.67m NOK → 2.79m NOK (+66.9% YoY). Calculated