AGROLINK AS: årsregnskap 2011 vs 2010
Grew 1291% on revenue
approved 2012-06-30; registry 2012-08-29; journal 2012 663497
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGROLINK AS. Revenue 1.23m NOK → 17.17m NOK (+1290.9%). Equity 2.48m NOK → -1.83m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGROLINK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.23m NOK to 17.17m NOK (+1290.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -224.6k NOK → -1.49m NOK (op. margin -18.2% → -8.7%). Calculated
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↓
Equity eroded
Book equity 2.48m NOK → -1.83m NOK (equity ratio 52.8% → -9.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 2.67m NOK → 12.94m NOK (+383.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.59m NOK → 20.4k NOK. Reported fact