AGI EIENDOM AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-06-28; registry 2013-07-08; journal 2013 540072
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGI EIENDOM AS. Revenue 10.0k NOK → 10.0k NOK (0.0%). Equity 831.8k NOK → 21.6k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGI EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 251.3k NOK → 407.2k NOK (+62.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.52× → 1.38×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 831.8k NOK → 21.6k NOK (equity ratio 15.9% → 0.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 195.0k NOK → 485.0k NOK (1950% → 4850% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation