FirmaIQ
Org.nr 990 046 468 2012 → 2013 Year-over-year analysis

AGROLINK AS: årsregnskap 2013 vs 2012

Shrank 16% on revenue, stronger earnings

approved 2014-04-15; registry 2014-08-16; journal 2014 660550

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGROLINK AS. Revenue 17.04m NOK → 14.34m NOK (-15.8%). Net result +2.04m NOK → +6.84m NOK. Equity 4.21m NOK → 5.05m NOK.

On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROLINK AS.

At a glance

Scorecard

Revenue
17.04m NOK 14.34m NOK
-15.8%
Operating result
+2.29m NOK +1.33m NOK
-41.8%
Net result
+2.04m NOK +6.84m NOK
+235.9%
Equity
4.21m NOK 5.05m NOK
+20.1%
Cash
102.6k NOK 77.7k NOK
-24.3%
Total assets
19.65m NOK 17.04m NOK
-13.3%

What improved

  • ↑

    Net result improved

    Net result +2.04m NOK → +6.84m NOK (net margin 12.0% → 47.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.21m NOK → 5.05m NOK (equity ratio 21.4% → 29.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.21m NOK → 2.19m NOK (13% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.04m NOK to 14.34m NOK (-15.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.29m NOK → +1.33m NOK (op. margin 13.5% → 9.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 102.6k NOK → 77.7k NOK (-24.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.31× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.05m NOK → 8.49m NOK (-15.5% YoY). Calculated