AGROSENTERET AS: årsregnskap 2009 vs 2008
Shrank 23% on revenue, returned to profit
approved 2010-03-31; registry 2010-04-21
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGROSENTERET AS. Revenue 27.59m NOK → 21.19m NOK (-23.2%). Net result -558.2k NOK → +346.2k NOK. Equity -33.2k NOK → 272.5k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGROSENTERET AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 558.2k NOK to a profit of 346.2k NOK. Calculated
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↑
Equity strengthened
Book equity -33.2k NOK → 272.5k NOK (equity ratio -0.5% → 3.9%). Calculated
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↑
Cash rose
Bank deposits 15.8k NOK → 550.8k NOK (+3395.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.65m NOK → 3.11m NOK (13% → 15% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 27.59m NOK to 21.19m NOK (-23.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 21.87m NOK → 15.38m NOK (-29.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 43.6k NOK → 49.2k NOK. Reported fact