AGRONOMIC AS: årsregnskap 2016 vs 2015
Grew 30% on revenue, cash halved-plus
approved 2017-06-17; registry 2018-06-07; journal 2018 461724
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGRONOMIC AS. Revenue 170.0k NOK → 221.5k NOK (+30.3%). Equity 286.5k NOK → -161.1k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGRONOMIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 170.0k NOK to 221.5k NOK (+30.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 286.5k NOK → -161.1k NOK (equity ratio 100.0% → -47.6%). Calculated
-
↓
Cash fell
Bank deposits 106.1k NOK → 25.5k NOK (-76.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -47.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 206 NOK → 296.9k NOK (+144038.3% YoY). Calculated