AGROTRADE AS: årsregnskap 2003 vs 2002
Returned to profit, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGROTRADE AS. Net result -796.6k NOK → +986.5k NOK. Equity -1.47m NOK → 521.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGROTRADE AS.
At a glance
Scorecard
Operating result
-642.9k NOK
+985.5k NOK
+253.3%
Net result
-796.6k NOK
+986.5k NOK
+223.8%
Equity
-1.47m NOK
521.3k NOK
+135.6%
Cash
87.3k NOK
9 633 NOK
-89.0%
Total assets
1.76m NOK
n/m
—
What improved
-
↑
Operating result improved
Operating result -642.9k NOK → +985.5k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 796.6k NOK to a profit of 986.5k NOK. Calculated
-
↑
Equity strengthened
Book equity -1.47m NOK → 521.3k NOK. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 87.3k NOK → 9 633 NOK (-89.0% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1 271 NOK → 0 NOK. Reported fact