AGROTEKNIKK HANDEL IMPORT NORGE AS: årsregnskap 2009 vs 2008
Grew 8% on revenue
approved 2010-06-30; registry 2010-08-21; journal 2010 606446
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGROTEKNIKK HANDEL IMPORT NORGE AS. Revenue 7.01m NOK → 7.56m NOK (+7.8%). Equity 591.3k NOK → 370.4k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AGROTEKNIKK HANDEL IMPORT NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.01m NOK to 7.56m NOK (+7.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 78.3k NOK → 408.4k NOK (+421.3% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.49m NOK → 2.44m NOK (36% → 32% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 591.3k NOK → 370.4k NOK (equity ratio 15.9% → 9.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 300.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS moved
COGS / varekostnad 2.09m NOK → 2.49m NOK (+18.9% YoY). Calculated