AGENT KOMMUNIKASJON AS: årsregnskap 2011 vs 2010
Shrank 19% on revenue, slipped into loss, cash halved-plus
approved 2012-06-30; registry 2012-09-05; journal 2012 719461
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGENT KOMMUNIKASJON AS. Revenue 9.30m NOK → 7.50m NOK (-19.4%). Net result +381.4k NOK → -31.84bn NOK. Equity 232.5k NOK → 305.7k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AGENT KOMMUNIKASJON AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 232.5k NOK → 305.7k NOK (equity ratio 7.9% → 11.6%). Calculated
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↑
Payroll decreased
Salary cost 2.88m NOK → 2.28m NOK (31% → 30% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.30m NOK to 7.50m NOK (-19.4% YoY). Calculated
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↓
Operating result weakened
Operating result +531.2k NOK → -11.4k NOK (op. margin 5.7% → -0.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 381.4k NOK profit to a loss of 31.84bn NOK. Calculated
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↓
Cash fell
Bank deposits 1.32m NOK → 145.4k NOK (-89.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.32m NOK → 145.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 4.75m NOK → 3.95m NOK (-16.8% YoY). Calculated