AGROTECH PRODUCTION AS: årsregnskap 2011 vs 2010
Grew 7497% on revenue
approved 2012-05-30; registry 2012-06-26; journal 2012 463018
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGROTECH PRODUCTION AS. Revenue 945 NOK → 71.8k NOK (+7496.6%). Net result +354 NOK → +1 398 NOK. Equity 354 NOK → 1 138 NOK.
On the constructive side: revenue rose; net result improved; cash rose.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGROTECH PRODUCTION AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 945 NOK to 71.8k NOK (+7496.6% YoY). Calculated
-
↑
Net result improved
Net result +354 NOK → +1 398 NOK (net margin 37.5% → 1.9%). Calculated
-
↑
Cash rose
Bank deposits 904 NOK → 5 252 NOK (+481.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.20× → 1.65×. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 385 NOK → 61.4k NOK (+15836.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 70 NOK → 1 532 NOK. Reported fact