FirmaIQ
Org.nr 988 640 247 2015 → 2016 Year-over-year analysis

AGRODRIFT AS: årsregnskap 2016 vs 2015

Shrank 22% on revenue, weaker earnings, cash halved-plus

approved 2017-09-14; registry 2017-10-10; journal 2017 891389

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AGRODRIFT AS. Revenue 2.24m NOK → 1.75m NOK (-21.7%). Net result +463.8k NOK → +182.7k NOK. Equity 688.9k NOK → 871.6k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.24m NOK 1.75m NOK
-21.7%
Operating result
+665.3k NOK +256.4k NOK
-61.5%
Net result
+463.8k NOK +182.7k NOK
-60.6%
Equity
688.9k NOK 871.6k NOK
+26.5%
Cash
27.4k NOK 8 250 NOK
-69.9%
Total assets
2.03m NOK 2.30m NOK
+13.4%

What improved

  • ↑

    Equity strengthened

    Book equity 688.9k NOK → 871.6k NOK (equity ratio 33.9% → 37.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.55× → 1.57×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.24m NOK to 1.75m NOK (-21.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +665.3k NOK → +256.4k NOK (op. margin 29.7% → 14.6%). Calculated

  • ↓

    Net result weakened

    Net result +463.8k NOK → +182.7k NOK (net margin 20.7% → 10.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 27.4k NOK → 8 250 NOK (-69.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 270.9k NOK → 328.9k NOK (+21.4% YoY). Calculated