FirmaIQ
Org.nr 913 455 738 2014 → 2015 Year-over-year analysis

AGROTRANS AS: årsregnskap 2015 vs 2014

Grew 174282% on revenue, stronger earnings

approved 2016-04-21; registry 2016-07-30; journal 2016 766822

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AGROTRANS AS. Revenue 7 093 NOK → 12.37m NOK (+174282.5%). Net result +121.5k NOK → +434.3k NOK. Equity 8.72m NOK → 1 155 NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AGROTRANS AS.

At a glance

Scorecard

Revenue
7 093 NOK 12.37m NOK
+174282.5%
Net result
+121.5k NOK +434.3k NOK
+257.3%
Equity
8.72m NOK 1 155 NOK
-100.0%
Cash
1 278 NOK 1.92m NOK
+149934.4%
Total assets
7.82m NOK 8.24m NOK
+5.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7 093 NOK to 12.37m NOK (+174282.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +121.5k NOK → +434.3k NOK (net margin 1713.5% → 3.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 278 NOK → 1.92m NOK (+149934.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 8.72m NOK → 1 155 NOK (equity ratio 111.5% → 0.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1966.90× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 806 NOK → 182.2k NOK (40% → 1% of revenue). Calculated