AGVA KRAFT AS: årsregnskap 2016 vs 2015
Grew 646987% on revenue, slipped into loss, fresh owner capital
approved 2017-06-30; registry 2017-08-09; journal 2017 837224
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGVA KRAFT AS. Revenue 7 162 NOK → 46.34m NOK (+646987.4%). Net result +689.8k NOK → -6.87m NOK. Equity 310.2k NOK → -6.56m NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGVA KRAFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7 162 NOK to 46.34m NOK (+646987.4% YoY). Calculated
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↑
Cash rose
Bank deposits 5 591 NOK → 5.13m NOK (+91740.0% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1 NOK → 1.00m NOK (+1000.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -642.1k NOK → -6.72m NOK (op. margin -8965.6% → -14.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 689.8k NOK profit to a loss of 6.87m NOK. Calculated
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↓
Equity eroded
Book equity 310.2k NOK → -6.56m NOK (equity ratio 2.3% → -51.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1023.60× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -51.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 665 NOK → 868.2k NOK (51% → 2% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3 497 NOK → 40.22m NOK (+1150029.6% YoY). Calculated