AGROØST AS: årsregnskap 2013 vs 2012
Grew 12% on revenue, cash halved-plus
approved 2014-05-07; registry 2014-06-25; journal 2014 500646
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AGROØST AS. Revenue 2.74m NOK → 3.07m NOK (+12.2%). Equity -613.6k NOK → -493.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGROØST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.74m NOK to 3.07m NOK (+12.2% YoY). Calculated
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↑
Equity strengthened
Book equity -613.6k NOK → -493.5k NOK (equity ratio -465.2% → -43.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 77.0k NOK → 16.9k NOK (-78.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.68× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 150.0k NOK → 450 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 1 852 NOK → 612.6k NOK (0% → 20% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 575 NOK → 1.70m NOK (+107919.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 56.9k NOK → 40.0k NOK. Reported fact