AGENIUS AS: årsregnskap 2016 vs 2015
Shrank 49% on revenue, returned to profit
approved 2017-03-10; registry 2017-03-23; journal 2017 243844
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGENIUS AS. Revenue 9 326 NOK → 4 743 NOK (-49.1%). Net result -4 995 NOK → +36.6k NOK. Equity 15.1k NOK → -1 983 NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGENIUS AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 4 995 NOK to a profit of 36.6k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9 326 NOK to 4 743 NOK (-49.1% YoY). Calculated
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↓
Operating result weakened
Operating result -5 125 NOK → -32.1k NOK (op. margin -55.0% → -676.4%). Calculated
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↓
Equity eroded
Book equity 15.1k NOK → -1 983 NOK (equity ratio 6.3% → -1.0%). Calculated
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↓
Cash fell
Bank deposits 237.9k NOK → 204.7k NOK (-14.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.99× — 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 -1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation