FirmaIQ
Org.nr 980 165 043 2008 → 2009 Year-over-year analysis

AGRON CORPORATE AS: årsregnskap 2009 vs 2008

Shrank 64% on revenue, slipped into loss

approved 2010-06-01; registry 2010-09-09; journal 2010 730710

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AGRON CORPORATE AS. Revenue 630.4k NOK → 224.0k NOK (-64.5%). Net result +203.7k NOK → -192.0k NOK. Equity -669.7k NOK → -883.4k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGRON CORPORATE AS.

At a glance

Scorecard

Revenue
630.4k NOK 224.0k NOK
-64.5%
Operating result
+200.8k NOK n/m
—
Net result
+203.7k NOK -192.0k NOK
-194.3%
Equity
-669.7k NOK -883.4k NOK
-31.9%
Total assets
661.3k NOK 468 NOK
-99.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 630.4k NOK to 224.0k NOK (-64.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 203.7k NOK profit to a loss of 192.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -669.7k NOK → -883.4k NOK (equity ratio -101.3% → -188768.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -188768.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 298.8k NOK → 269.2k NOK (-9.9% YoY). Calculated