Org.nr 938 806 888 2010 → 2011 Year-over-year analysis

AGENDEC AS: årsregnskap 2011 vs 2010

Shrank 85% on revenue, cash halved-plus

approved 2012-06-30; registry 2012-07-16; journal 2012 538270

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AGENDEC AS. Revenue 3.01m NOK → 458.0k NOK (-84.8%). Equity 665.0k NOK → 273.2k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

3.01m NOK 458.0k NOK

-84.8%

Equity

665.0k NOK 273.2k NOK

-58.9%

Cash

459.9k NOK 80.4k NOK

-82.5%

Total assets

1.21m NOK 1.08m NOK

-11.2%

↓
Revenue fell

Operating income / revenue moved from 3.01m NOK to 458.0k NOK (-84.8% YoY). Calculated
↓
Equity eroded

Book equity 665.0k NOK → 273.2k NOK (equity ratio 54.8% → 25.4%). Calculated
↓
Cash fell

Bank deposits 459.9k NOK → 80.4k NOK (-82.5% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.02× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 2.38m NOK → 2.60m NOK (79% → 568% of revenue). Calculated