AGRON CORPORATE AS: årsregnskap 2014 vs 2013
Shrank 73% on revenue
approved 2015-06-11; registry 2015-07-21; journal 2015 623717
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGRON CORPORATE AS. Revenue 174.2k NOK → 47.3k NOK (-72.8%). Equity -790.3k NOK → -904.2k 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
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 174.2k NOK to 47.3k NOK (-72.8% YoY). Calculated
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↓
Equity eroded
Book equity -790.3k NOK → -904.2k NOK (equity ratio -150.7% → -183.2%). Calculated
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↓
Cash fell
Bank deposits 303.9k NOK → 297.2k NOK (-2.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -183.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 117.1k NOK → 15.6k NOK (-86.6% YoY). Calculated