Org.nr 878 700 562 2015 → 2016 Year-over-year analysis

AGROMATIC AS: årsregnskap 2016 vs 2015

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2017-06-22; registry 2017-06-28; journal 2017 550546

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AGROMATIC AS. Revenue 3.21m NOK → 3.47m NOK (+8.0%). Net result -69.9k NOK → -116.7k NOK. Equity 831.4k NOK → 783.1k NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGROMATIC AS.

Scorecard

Revenue
3.21m NOK 3.47m NOK
+8.0%
Net result
-69.9k NOK -116.7k NOK
-66.8%
Equity
831.4k NOK 783.1k NOK
-5.8%
Cash
997.8k NOK 1 139 NOK
-99.9%
Total assets
438.6k NOK 1.43m NOK
+226.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.21m NOK to 3.47m NOK (+8.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -69.9k NOK → -116.7k NOK (net margin -2.2% → -3.4%). Calculated

  • ↓

    Equity eroded

    Book equity 831.4k NOK → 783.1k NOK (equity ratio 189.6% → 54.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 997.8k NOK → 1 139 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 832.6k NOK → 87.3k NOK (-89.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 159.9k NOK → 1 500 NOK. Reported fact