Org.nr 913 351 142 2014 → 2015 Year-over-year analysis

AGRONORD LØK AS: årsregnskap 2015 vs 2014

Shrank 100% on revenue, cash halved-plus

approved 2016-06-30; registry 2016-08-17; journal 2016 836415

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AGRONORD LØK AS. Revenue 147.0k NOK → 300 NOK (-99.8%). Equity -252.4k NOK → -490.5k NOK.

On the constructive side: operating result improved. 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 AGRONORD LØK AS.

At a glance

Revenue

147.0k NOK 300 NOK

-99.8%

Operating result

-174.6k NOK -54.9k NOK

+68.5%

Net result

n/m +282.4k NOK

—

Equity

-252.4k NOK -490.5k NOK

-94.3%

Cash

705.1k NOK 211.5k NOK

-70.0%

Total assets

4.64m NOK 3.81m NOK

-17.9%

↑
Operating result improved

Operating result -174.6k NOK → -54.9k NOK (op. margin -118.8% → -18315.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 147.0k NOK to 300 NOK (-99.8% YoY). Calculated
↓
Equity eroded

Book equity -252.4k NOK → -490.5k NOK (equity ratio -5.4% → -12.9%). Calculated
↓
Cash fell

Bank deposits 705.1k NOK → 211.5k NOK (-70.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is -12.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 16.3k NOK → 1 500 NOK (-90.8% YoY). Calculated