AGROSENTERET AS: årsregnskap 2015 vs 2014
Grew 9% on revenue, returned to profit
approved 2016-05-04; registry 2016-05-31; journal 2016 455151
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGROSENTERET AS. Revenue 36.40m NOK → 39.61m NOK (+8.8%). Net result -378.5k NOK → +513.8k NOK. Equity 487.2k NOK → 990 NOK.
On the constructive side: revenue rose; turned profitable; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGROSENTERET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 36.40m NOK to 39.61m NOK (+8.8% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 378.5k NOK to a profit of 513.8k NOK. Calculated
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↑
Payroll decreased
Salary cost 3.86m NOK → 3.59m NOK (11% → 9% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 487.2k NOK → 990 NOK (equity ratio 4.6% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 366.9k NOK → 208.2k NOK (-43.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 30.18m NOK → 32.65m NOK (+8.2% YoY). Calculated