AGROVIN AS: årsregnskap 2013 vs 2012
Grew 13% on revenue, stronger earnings
approved 2014-06-03; registry 2014-08-11; journal 2014 641026
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AGROVIN AS. Revenue 3.80m NOK → 4.31m NOK (+13.3%). Net result +181.0k NOK → +305.8k NOK. Equity 3.70m NOK → 4.01m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; 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 3.80m NOK to 4.31m NOK (+13.3% YoY). Calculated
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↑
Net result improved
Net result +181.0k NOK → +305.8k NOK (net margin 4.8% → 7.1%). Calculated
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↑
Equity strengthened
Book equity 3.70m NOK → 4.01m NOK (equity ratio 64.3% → 65.1%). Calculated
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↑
Cash rose
Bank deposits 1 492 NOK → 23.2k NOK (+1457.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 2.50m NOK → 2.30m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 619.6k NOK → 786.6k NOK (16% → 18% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 598.6k NOK → 563.2k NOK (-5.9% YoY). Calculated