Org.nr 913 877 136 2015 → 2016 Year-over-year analysis

AGROPACK SCANDINAVIA AS: årsregnskap 2016 vs 2015

Shrank 72% on revenue

approved 2017-01-26; registry 2017-02-09; journal 2017 206683

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AGROPACK SCANDINAVIA AS. Revenue 860.8k NOK → 244.6k NOK (-71.6%). Equity 540.5k NOK → 6.63m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGROPACK SCANDINAVIA AS.

Scorecard

Revenue
860.8k NOK 244.6k NOK
-71.6%
Operating result
+759.9k NOK +124.3k NOK
-83.6%
Net result
n/m +88.7k NOK
—
Equity
540.5k NOK 6.63m NOK
+1126.5%
Cash
815 NOK 17.9k NOK
+2100.4%
Total assets
980.6k NOK 737.9k NOK
-24.7%

What improved

  • ↑

    Equity strengthened

    Book equity 540.5k NOK → 6.63m NOK (equity ratio 55.1% → 898.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 815 NOK → 17.9k NOK (+2100.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.08×. Calculated

  • ↑

    Payroll decreased

    Salary cost 57.0k NOK → 0 NOK (7% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 860.8k NOK to 244.6k NOK (-71.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +759.9k NOK → +124.3k NOK (op. margin 88.3% → 50.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 2.62m NOK. Reported fact