Org.nr 980 165 043 2012 → 2013 Year-over-year analysis

AGRON CORPORATE AS: årsregnskap 2013 vs 2012

Shrank 47% on revenue

approved 2014-06-01; registry 2014-07-14; journal 2014 577595

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGRON CORPORATE AS. Revenue 325.9k NOK → 174.2k NOK (-46.5%). Equity -650.2k NOK → -790.3k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

325.9k NOK 174.2k NOK

-46.5%

Equity

-650.2k NOK -790.3k NOK

-21.5%

Cash

412.5k NOK 303.9k NOK

-26.3%

Total assets

694.6k NOK 524.6k NOK

-24.5%

↓
Revenue fell

Operating income / revenue moved from 325.9k NOK to 174.2k NOK (-46.5% YoY). Calculated
↓
Equity eroded

Book equity -650.2k NOK → -790.3k NOK (equity ratio -93.6% → -150.7%). Calculated
↓
Cash fell

Bank deposits 412.5k NOK → 303.9k NOK (-26.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is -150.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 145.0k NOK → 117.1k NOK (-19.2% YoY). Calculated