AGROVIN AS: årsregnskap 2012 vs 2011
Grew 17% on revenue, stronger earnings, cash halved-plus
approved 2013-06-27; registry 2013-08-14; journal 2013 633645
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGROVIN AS. Revenue 3.26m NOK → 3.80m NOK (+16.6%). Net result +4 358 NOK → +181.0k NOK. Equity 3.52m NOK → 3.70m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGROVIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.26m NOK to 3.80m NOK (+16.6% YoY). Calculated
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↑
Net result improved
Net result +4 358 NOK → +181.0k NOK (net margin 0.1% → 4.8%). Calculated
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↑
Equity strengthened
Book equity 3.52m NOK → 3.70m NOK (equity ratio 68.8% → 64.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 17.3k NOK → 1 492 NOK (-91.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 555.8k NOK → 619.6k NOK (17% → 16% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 653.2k NOK → 598.6k NOK (-8.4% YoY). Calculated