AGROMATIC AS: årsregnskap 2012 vs 2011
Weaker earnings
approved 2013-06-05; registry 2013-07-03; journal 2013 517843
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGROMATIC AS. Revenue 2.80m NOK → 2.91m NOK (+3.7%). Net result +204.5k NOK → +21.3k NOK. Equity 878.3k NOK → 884.7k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGROMATIC AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.80m NOK to 2.91m NOK (+3.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 878.3k NOK → 884.7k NOK (equity ratio 63.3% → 64.6%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +204.5k NOK → +21.3k NOK (net margin 7.3% → 0.7%). Calculated
-
↓
Cash fell
Bank deposits 1.02m NOK → 938.5k NOK (-7.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.99× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.34m NOK → 1.65m NOK (48% → 57% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 610.2k NOK → 667.0k NOK (+9.3% YoY). Calculated