AGRODRIFT AS: årsregnskap 2015 vs 2014
Grew 48% on revenue, returned to profit
approved 2017-05-29; registry 2017-06-01; journal 2017 417577
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGRODRIFT AS. Revenue 1.51m NOK → 2.24m NOK (+48.3%). Net result -10.4k NOK → +463.8k NOK. Equity 225.2k NOK → 688.9k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRODRIFT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.51m NOK to 2.24m NOK (+48.3% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 10.4k NOK to a profit of 463.8k NOK. Calculated
-
↑
Equity strengthened
Book equity 225.2k NOK → 688.9k NOK (equity ratio 15.9% → 33.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 41.4k NOK → 27.4k NOK (-33.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.80× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 315.2k NOK → 270.9k NOK (-14.0% YoY). Calculated