AGETO AS: årsregnskap 2009 vs 2008
Shrank 5% on revenue, returned to profit
approved 2010-05-12; registry 2010-06-16; journal 2010 425537
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGETO AS. Revenue 736.0k NOK → 696.6k NOK (-5.3%). Net result -240.4k NOK → +16.7k NOK. Equity -32.4k NOK → -15.7k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AGETO AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 240.4k NOK to a profit of 16.7k NOK. Calculated
-
↑
Equity strengthened
Book equity -32.4k NOK → -15.7k NOK (equity ratio -0.4% → -0.2%). Calculated
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↑
Cash rose
Bank deposits 91.8k NOK → 172.4k NOK (+87.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 736.0k NOK to 696.6k NOK (-5.3% YoY). Calculated
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↓
Operating result weakened
Operating result +356.9k NOK → +337.7k NOK (op. margin 48.5% → 48.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 700.0k NOK → 101.5k NOK — check capital reduction, conversion, or reclassification. Interpretation