AGETO AS: årsregnskap 2008 vs 2007
Cash halved-plus
approved 2009-06-25; registry 2009-07-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGETO AS. Revenue 706.4k NOK → 736.0k NOK (+4.2%). Net result -202.0k NOK → -240.4k NOK. Equity 208.0k NOK → -32.4k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGETO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 706.4k NOK to 736.0k NOK (+4.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -202.0k NOK → -240.4k NOK (net margin -28.6% → -32.7%). Calculated
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↓
Equity eroded
Book equity 208.0k NOK → -32.4k NOK (equity ratio 2.7% → -0.4%). Calculated
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↓
Cash fell
Bank deposits 370.3k NOK → 91.8k NOK (-75.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation