AGRO TRADERS AS: årsregnskap 2005 vs 2004
Grew 11% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGRO TRADERS AS. Revenue 2.40m NOK → 2.65m NOK (+10.5%). Net result +171.4k NOK → +110.6k NOK. Equity 404.2k NOK → 514.8k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGRO TRADERS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.40m NOK to 2.65m NOK (+10.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 404.2k NOK → 514.8k NOK (equity ratio 288.4% → 25.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.42× → 6.09×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +249.7k NOK → +182.6k NOK (op. margin 10.4% → 6.9%). Calculated
-
↓
Net result weakened
Net result +171.4k NOK → +110.6k NOK (net margin 7.2% → 4.2%). Calculated
-
↓
Cash fell
Bank deposits 555.4k NOK → 458.0k NOK (-17.5% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 2.01m NOK → 2.33m NOK (+16.1% YoY). Calculated