AGROTRADE AS: årsregnskap 2016 vs 2015
Grew 391% on revenue, weaker earnings
approved 2017-03-22; registry 2017-06-13; journal 2017 431739
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGROTRADE AS. Revenue 237.3k NOK → 1.17m NOK (+391.0%). Net result +362.7k NOK → +98.7k NOK. Equity 846.5k NOK → 945.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGROTRADE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 237.3k NOK to 1.17m NOK (+391.0% YoY). Calculated
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↑
Equity strengthened
Book equity 846.5k NOK → 945.2k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +500.2k NOK → +135.5k NOK (op. margin 210.8% → 11.6%). Calculated
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↓
Net result weakened
Net result +362.7k NOK → +98.7k NOK (net margin 152.9% → 8.5%). Calculated
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↓
Cash fell
Bank deposits 121.0k NOK → 75.2k NOK (-37.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 397.7k NOK → 605.3k NOK (+52.2% YoY). Calculated