FirmaIQ
Org.nr 983 030 203 2007 → 2008 Year-over-year analysis

AGROTRADE AS: årsregnskap 2008 vs 2007

Slipped into loss, cash halved-plus

approved 2009-02-28; registry 2009-03-16

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AGROTRADE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +6 363 NOK → -6 352 NOK. Equity 370.6k NOK → 364.3k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AGROTRADE AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+6 363 NOK -6 352 NOK
-199.8%
Equity
370.6k NOK 364.3k NOK
-1.7%
Cash
2.38m NOK 364.3k NOK
-84.7%
Total assets
2.38m NOK 364.3k NOK
-84.7%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 6 363 NOK profit to a loss of 6 352 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 370.6k NOK → 364.3k NOK (equity ratio 15.6% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.38m NOK → 364.3k NOK (-84.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.38m NOK → 364.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 238 NOK → 1 NOK. Reported fact