AGENIUS AS: årsregnskap 2012 vs 2011
Shrank 80% on revenue
approved 2013-06-21; registry 2013-09-09; journal 2013 776910
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGENIUS AS. Revenue 603.9k NOK → 121.7k NOK (-79.8%). Equity 778.7k NOK → 390.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AGENIUS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 453.8k NOK → 264.2k NOK (75% → 217% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 603.9k NOK to 121.7k NOK (-79.8% YoY). Calculated
-
↓
Equity eroded
Book equity 778.7k NOK → 390.4k NOK (equity ratio 65.7% → 54.2%). Calculated
-
↓
Cash fell
Bank deposits 373.5k NOK → 261.5k NOK (-30.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.46× → 0.84× — 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 1.20m NOK → 646.7k NOK — check capital reduction, conversion, or reclassification. Interpretation