AGGS AS: årsregnskap 2015 vs 2014
Slipped into loss, cash halved-plus
approved 2016-03-18; registry 2016-09-19; journal 2016 950223
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGGS AS. Net result +22.8k NOK → -12.5k NOK. Equity 41.8k NOK → -1.35m NOK.
Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGGS AS.
At a glance
Scorecard
Operating result
n/m
-1 200 NOK
—
Net result
+22.8k NOK
-12.5k NOK
-154.8%
Equity
41.8k NOK
-1.35m NOK
-3329.5%
Cash
2 394 NOK
1 196 NOK
-50.0%
Total assets
382.1k NOK
1 196 NOK
-99.7%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 22.8k NOK profit to a loss of 12.5k NOK. Calculated
-
↓
Equity eroded
Book equity 41.8k NOK → -1.35m NOK (equity ratio 10.9% → -112797.8%). Calculated
-
↓
Cash fell
Bank deposits 2 394 NOK → 1 196 NOK (-50.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -112797.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation