AGENDAFILM AS: årsregnskap 2012 vs 2011
Shrank 72% on revenue, cash halved-plus
approved 2014-03-23; registry 2014-03-26; journal 2014 329609
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGENDAFILM AS. Revenue 219.6k NOK → 61.6k NOK (-72.0%). Equity -654.5k NOK → -667.6k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGENDAFILM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -30.3k NOK → -13.3k NOK (op. margin -13.8% → -21.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 219.6k NOK to 61.6k NOK (-72.0% YoY). Calculated
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↓
Equity eroded
Book equity -654.5k NOK → -667.6k NOK (equity ratio -1838.2% → -7718.8%). Calculated
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↓
Cash fell
Bank deposits 9 128 NOK → 561 NOK (-93.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7718.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation