AGROTEKNIKK HANDEL IMPORT NORGE AS: årsregnskap 2005 vs 2004
Cash halved-plus
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGROTEKNIKK HANDEL IMPORT NORGE AS. Revenue 6.93m NOK → 6.96m NOK (+0.5%). Equity 435.0k NOK → 336.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGROTEKNIKK HANDEL IMPORT NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.93m NOK to 6.96m NOK (+0.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +317.3k NOK → +171.0k NOK (op. margin 4.6% → 2.5%). Calculated
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↓
Equity eroded
Book equity 435.0k NOK → 336.2k NOK (equity ratio 10.0% → 8.0%). Calculated
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↓
Cash fell
Bank deposits 77.0k NOK → 30.4k NOK (-60.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 881.1k NOK → -1.98m NOK (-324.8% YoY). Calculated