AGETO AS: årsregnskap 2007 vs 2006
Grew 93% on revenue
approved 2008-06-30; registry 2008-09-03
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AGETO AS. Revenue 366.5k NOK → 706.4k NOK (+92.7%). Equity 410.0k NOK → 208.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGETO AS.
At a glance
Scorecard
Revenue
366.5k NOK
706.4k NOK
+92.7%
Net result
n/m
-202.0k NOK
—
Equity
410.0k NOK
208.0k NOK
-49.3%
Cash
297.5k NOK
370.3k NOK
+24.5%
Total assets
8.96m NOK
7.75m NOK
-13.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 366.5k NOK to 706.4k NOK (+92.7% YoY). Calculated
-
↑
Cash rose
Bank deposits 297.5k NOK → 370.3k NOK (+24.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 410.0k NOK → 208.0k NOK (equity ratio 4.6% → 2.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation