AGETO AS: årsregnskap 2016 vs 2015
Shrank 51% on revenue
approved 2017-05-28; registry 2017-07-24; journal 2017 760654
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGETO AS. Revenue 286.5k NOK → 141.3k NOK (-50.7%). Equity 230.4k NOK → -186.0k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
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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↑
Cash rose
Bank deposits 724 NOK → 28.4k NOK (+3820.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.29×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 286.5k NOK to 141.3k NOK (-50.7% YoY). Calculated
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↓
Equity eroded
Book equity 230.4k NOK → -186.0k NOK (equity ratio 3.8% → -3.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation