AGROB BUCHTAL NORGE AS: årsregnskap 2015 vs 2014
Grew 17% on revenue, stronger earnings, cash halved-plus
approved 2016-05-26; registry 2016-07-30; journal 2016 763118
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGROB BUCHTAL NORGE AS. Revenue 1.69m NOK → 1.98m NOK (+17.3%). Net result +117.4k NOK → +302.5k NOK. Equity 593.7k NOK → 567.4k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGROB BUCHTAL NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.69m NOK to 1.98m NOK (+17.3% YoY). Calculated
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↑
Net result improved
Net result +117.4k NOK → +302.5k NOK (net margin 6.9% → 15.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 593.7k NOK → 567.4k NOK (equity ratio 39.1% → 31.3%). Calculated
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↓
Cash fell
Bank deposits 6.85m NOK → 669.7k NOK (-90.2% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.85m NOK → 669.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 3 NOK → 1.18m NOK (0% → 59% of revenue). Calculated
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COGS moved
COGS / varekostnad 12.1k NOK → 260.4k NOK (+2052.8% YoY). Calculated