Org.nr 987 574 003 2014 → 2015 Year-over-year analysis

AGETO AS: årsregnskap 2015 vs 2014

Shrank 30% on revenue, cash halved-plus

approved 2016-08-31; registry 2016-09-19; journal 2016 950441

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AGETO AS. Revenue 411.9k NOK → 286.5k NOK (-30.5%). Equity 811.2k NOK → 230.4k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGETO AS.

At a glance

Revenue

411.9k NOK 286.5k NOK

-30.5%

Operating result

-41.0k NOK n/m

—

Equity

811.2k NOK 230.4k NOK

-71.6%

Cash

10.1k NOK 724 NOK

-92.8%

Total assets

8.32m NOK 6.01m NOK

-27.8%

↓
Revenue fell

Operating income / revenue moved from 411.9k NOK to 286.5k NOK (-30.5% YoY). Calculated
↓
Equity eroded

Book equity 811.2k NOK → 230.4k NOK (equity ratio 9.7% → 3.8%). Calculated
↓
Cash fell

Bank deposits 10.1k NOK → 724 NOK (-92.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 2.04m NOK → 0 NOK. Reported fact