AGENDAFILM AS: årsregnskap 2010 vs 2009
Weaker earnings, cash halved-plus
approved 2011-05-15; registry 2011-09-05; journal 2011 701132
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGENDAFILM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -7 495 NOK → -702.4k NOK. Equity 77.3k NOK → -625.1k NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGENDAFILM AS.
At a glance
Scorecard
What deteriorated
-
↓
Net result weakened
Net result -7 495 NOK → -702.4k NOK. Calculated
-
↓
Equity eroded
Book equity 77.3k NOK → -625.1k NOK (equity ratio 29.3% → -2722.4%). Calculated
-
↓
Cash fell
Bank deposits 273.3k NOK → 7 781 NOK (-97.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.46× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2722.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 263.6k NOK → 15.2k NOK. Reported fact