AGROMATIC AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGROMATIC AS. Revenue 2.40m NOK → 2.42m NOK (+0.6%). Equity 809.9k NOK → 84.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGROMATIC AS.
At a glance
Scorecard
Revenue
2.40m NOK
2.42m NOK
+0.6%
Operating result
+229.9k NOK
n/m
—
Equity
809.9k NOK
84.6k NOK
-89.6%
Total assets
1.40m NOK
1.57m NOK
+11.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.40m NOK to 2.42m NOK (+0.6% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 809.9k NOK → 84.6k NOK (equity ratio 57.8% → 5.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 453.3k NOK → 495.6k NOK (+9.3% YoY). Calculated