AGRONOR AS: årsregnskap 2006 vs 2005
Grew 67% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AGRONOR AS. Revenue 1.68m NOK → 2.79m NOK (+66.6%). Equity 566.3k NOK → 726.6k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRONOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.68m NOK to 2.79m NOK (+66.6% YoY). Calculated
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↑
Operating result improved
Operating result +102.7k NOK → +211.5k NOK (op. margin 6.1% → 7.6%). Calculated
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↑
Equity strengthened
Book equity 566.3k NOK → 726.6k NOK (equity ratio 58.9% → 221.8%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.43× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 126.8k NOK (0% → 5% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.08m NOK → 1.83m NOK (+69.8% YoY). Calculated