AGETO AS: årsregnskap 2014 vs 2013
Shrank 69% on revenue
approved 2016-02-16; registry 2016-02-18; journal 2016 307699
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGETO AS. Revenue 1.35m NOK → 411.9k NOK (-69.4%). Equity 7.99m NOK → 811.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGETO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 3 795 NOK → 10.1k NOK (+165.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.35m NOK to 411.9k NOK (-69.4% YoY). Calculated
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↓
Operating result weakened
Operating result +34.3k NOK → -41.0k NOK (op. margin 2.5% → -9.9%). Calculated
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↓
Equity eroded
Book equity 7.99m NOK → 811.2k NOK (equity ratio 93.3% → 9.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2.13m NOK → 2.04m NOK. Reported fact